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Peak Oil - True or False

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View Poll Results: Do You believe Peak Oil will happen by 2030?
Yes 33 78.57%
No 4 9.52%
Unsure 5 11.90%
Voters: 42. You may not vote on this poll

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Old 03-09-2008, 01:59 PM
Elixer Elixer is offline
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Re: Peak Oil - True or False

Is peak oil real? Yes we will/have reach(ed) a peak of oil consumption. However the other side of the curve is not an exponential decay. As the price goes up and production falls, more oil wells that were previously uneconomical to tap will be tapped, alternatives will be used, consumption will drop, and oil prices will grow, but not in an outrageous fashion.
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Old 03-10-2008, 07:34 PM
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Re: Peak Oil - True or False

True! I sold 5 quarts of it in 10w30 viscosity yesterday!

http://www.peaklubricants.com/
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Old 01-01-2011, 11:42 AM
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Re: Peak Oil - True or False

The bet ends today and PeakOil lost the bet.

Story
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Old 01-01-2011, 11:53 AM
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Re: Peak Oil - True or False

Quote:
Originally Posted by Chuck View Post
The bet ends today and PeakOil lost the bet.

Story
Hmm. Seems he came up a tad short. Makes you wonder how many other gloom & doom predictions are a bit off.
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Old 01-02-2011, 11:01 AM
herm herm is offline
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Re: Peak Oil - True or False

Probably most of them, except the biggie, mass extinction level asteroid strike.. average every 65 million years or so.. you can bank on that one.
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Old 01-02-2011, 12:22 PM
ItsNotAboutTheMoney ItsNotAboutTheMoney is offline
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Re: Peak Oil - True or False

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Originally Posted by herm View Post
Probably most of them, except the biggie, mass extinction level asteroid strike.. average every 65 million years or so.. you can bank on that one.
Of course, they're off because, as the article says, doom and gloom makes better news then logic.

"Only 200 years of current energy supplies remain" just doesn't worry enough people, sadly.
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Old 01-04-2011, 11:18 PM
WriConsult WriConsult is offline
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Re: Peak Oil - True or False

I didn't read the whole article because it appears to misunderstand Peak Oil theory. The "Peak" in "Peak Oil" doesn't refer to prices. It refers to production levels.

By most accounts we are still at or near Peak Oil.
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