Scary report on declining oil production (or "get ready to dump your car")

[NJ5]

HappySqurriel said:

NJ5 said:
@HappySqurriel: Please put some data behind that claim, or at least say why you disagree with these forecasts.

We're talking about replacing many millions of barrels of production capacity within timeframes which aren't long at all.

 

Suncor, 1 of the producers of synthetic crude from the oil-sands, will see a production increase from 250,000 to 350,000 barrels of oil per day in 2009 ... As long as the oil producers can invest their money in unconventional oil reserves they can (easily) match the production lost because of conventional oil.

I still don't see it. That increase is nothing compared to the production declines this report mentions.

According to wikipedia's article on the Athabasca oil sands (they have a reference), they're using about 1% of the river flow to help extract this oil. It's a very water-intensive process. This is just one of the undoubtedly many ways in which production is limited.

Links to any studies to contradict the sourced information I have provided would be about the only thing which would convince me of what you're claiming. I find it especially strange that you claim this is something which could be done "easily".