Kasz216 said:
Peak Oil has the same issue Global Warming does. Peak Oil was supposed to happen in like... 1998. Oil SHOULD run out at some time, but it's pretty clear that the models involved were greatly exagerrated and don't include many new discoveries of oil and just new ways to access it. When we really are approaching peak oil... the governments will know it for real, both sides... and will get a lot more serious about it. |
I thought the issue was that peak oil predictions were made during the 50s or 60s when the economy was just going on at a remarkable clip, before stagflation of the 70s and then the strong cyclical recessions after that, and that the slower-than-projected economy is the reason peak oil has been pushed back, as well as general effeciency, more than new discoveries (especially since a lot of those discoveries don't yet break even on fossil fuel usage, like the tar sands).

Monster Hunter: pissing me off since 2010.







