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As the original submitter, I will one-up your ad hominem by pointing out that the blogger was an enthusiastic booster of peak oil theory in the mid-00s (as one
by cribbles 5y ago
As the original submitter, I will one-up your ad hominem by pointing out that the blogger was an enthusiastic booster of peak oil theory in the mid-00s (as one might infer from the domain name). I don’t endorse her analysis, but I nevertheless found the data compelling and was interested to hear others’ perspectives.
- bryanlarsen 5y agoIsn't that an obvious red flag? Given the hundreds of years of oil reserves available in the oil sands, peak oil theory is complete bunk now, and only slightly less obviously so 20 years ago.
- invalidname 5y agoThe theory didn't say we'd run out of oil. It said we'd run out of "cheap" oil that's easy to get to. Sands are harder to extract oil from at an affordable cost. They only became financially viable as the cost of oil rose. Technology improved in drilling and exploration so the theory is less relevant today. Still the current cost of oil (due to politics mostly) is pretty much that.
- bryanlarsen 5y agoThat's not at all what the theory said, that's just pure goalpost shifting to the point of uselessness. Tar sands are profitable with $50 oil.
- invalidname 5y agoI guess you're younger than I am. I recall reading the articles about how the world will collapse with $40 oil...