Again, we are talking about peak oil, not no oil - see rule number one. if you want to talk about life after no oil start a new thread.
meemoe_uk wrote:Hi All, after looking at your links and posts i..[/i]
meemoe_uk wrote:2. Discovery of new oil fields peaked 40 years ago and very large fields earlier still (?)
No, discovery is too ambiguous to be sure of the numbers.
I talked about these earlier
7. Increasing oil prices reduce discretionary income available for other uses depressing the economy.
No necessarily. It just means you stop working for some frivilous consumer\media\luxury company, and get a job with an energy company. So it's just the useless economy that takes a hit, no bad thing!
That useless economy is someone's job
8. Scaling up substitutes will take considerable time, after the need is recognized.
Not significantly. Not on the time-scale of loss of energy due to PO. 5 years max if tommorrow the leaders got on TV and told everyone they were at war against PO, and we have to drop everything to go out and set up alternatve energy supplies.
The statement is speculative but not as speculative as your point.
Alternate energy is currently massively suppressed by the oil cartel.
I'd be interested to hear where you read that.
9. Oil production data is proprietary making long range planning by governments difficult.
Look, if you want to be taken seriously you need to be serious, "no" is not an argument.
10.The amount of energy used to produce oil steadily increases reducing energy available for useful economic work.
For all intents and purposes, ERORI isn't a concern today. It's the MROMI ( money returned on money invested ).
I agree eroei is not a concern while production is increasing and energy is cheap but it could be important when energy is priced closer to it's actual value. ?