[thackney]

Excerpted for Dow Jones content

[henkster]

That can’t be. We are almost out of oil now. I read it in a science article back in 1977.

[JRandomFreeper]

before dropping as reserves gradually deplete

Every time I've heard this, they have wound up being wrong.

/johnny

[buffaloguy]

I think he is way low and the prospect of the new fields being tapped is almost unlimited.

And then there are the Hydrates.

[mountainlion]

Peak oil is the amount of oil that gets produced in spite of manipulation.

[buffaloguy]

Actually the most likely scenario is that any peak will be due to the inability of the market to aborb more not because there will be falling reserves.

[Former Proud Canadian]

The oil sands of Northern Alberta alone contain enough reserves to supply the world for 50 years.

US reserves are said to be greater than Canada's. North America is the new Saudi Arabia of oil.

[Smokin' Joe]

This is just stage dressing for the greens and the warmist hucksters. When the Minstrel show gets going, expect:

"Gotcher solah panels riight heah!

Windmills! Gitcher windmills! Free energy from the air!

Nevah pay another bill!

Don't fret, Of course we have an installment plan!

Easy Credit! No money down!"

[LibLieSlayer]

There is no such thing as peak oil... it is a lie just like globull warming.

LLS

[Wuli]

what “peak oil” predictors always leave out is that as long as the whole world does not slip back into the dark ages, technological progress is also likely to be “irreversible” and that will include technological progress in finding and extracting “fossil fuels” as well

if they were really smart they would look back at all the prior “peak oil” predictions, calculate an average for how far off they have been, and include that little fact as indicative of how far off they are likely to be as well