4 ms·
In practice "peak oil" is more a political catchphrase than anything else. Objectively, the concept is both true and obvious. Yes, finite resources are finite a
by camccann 17y ago
In practice "peak oil" is more a political catchphrase than anything else. Objectively, the concept is both true and obvious. Yes, finite resources are finite and if you keep using them they'll eventually run out. Not exactly rocket science, there. In practice, it mostly gets discussed because people like to worry over impending catastrophes, especially ones that can be blamed on people they don't like. It's really just not that big of a concern.
Oh, and abiogenic petroleum is pretty much crackpottery, so that doesn't help.
- pyre 17y ago> Oh, and abiogenic petroleum is pretty much crackpottery, so that doesn't help. What does this have to do with his post? He was basically saying that finite resources will have an end unless we can confirm that they aren't finite.
- RyanMcGreal 17y ago> if you keep using them they'll eventually run out Peak oil isn't about oil running out. It's about the rate of production going into decline and the economy struggling to handle extreme oil price volatility.