4 ms·

What ever happened to Peal Oil?

• deleted 7y ago
  [deleted]
• nickik 7y ago
  Its was always a idiotic thing snake oil salesman tried to sell to idiots. Just as Peak Coal was in 1850, but people lever learn and its always a great way to sell books and get invited to give talks.
  • Tepix 7y ago
    It's idiotic to assume that resources are endless. Getting the timing right on the other hand is hard, especially given that predicting something will change the outcome. Just like what is currently going on with climate change. Hopefully acting upon the negative trends will improve the outcome.
    • nickik 7y ago
      I didn't assume endless resources, neither did all the people and economists over the 250 years who had to help people show all the charlatans pushing their idiotic opinions. > Getting the timing right on the other hand is hard, especially given that predicting something will change the outcome. The prediction of the people in the markets, matter, not smarty-pants intellectuals who write books with titles to sell to suds-intellectual middle class.
• Tepix 7y ago
  The oil price rose until it was worthwhile getting oil out of tar sands and with fracking. Both really bad for environment, btw. Also, Renewables.