* Posts by FluffyMcDeath

2 posts • joined 24 Feb 2012

RIP: Peak Oil - we won't be running out any time soon

FluffyMcDeath

You are moving the goal posts

Peak oil describes the extraction curve of conventional oil. You cannot then say that since we are extracting unconventional oil, conventional oil will not peak.

The cheap conventional oil is becoming a thing of the past. We are moving off of that fuel onto more expensive alternatives and the cheap oil will never come again. Peak oil happens. Then one day will come peak "unconventional oil". Will people claim that peak unconventional oil isn't happening if we happen to be lucky enough to have developed fusion by then?

FluffyMcDeath

There is still a limit.

There will always be oil but it will be harder and harder to get as the easy oil is used up.

When the energy required to get a barrel of oil out of the ground is equal to the energy you get from a barrel of oil - it will hardly matter how much someone is willing to pay for a barrel of oil.

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