We already have. Obviously. You might not remember the heady days when, in it became obvious that the US was growing oil production faster than at any time in its history, these chowderheads were proclaiming an upcoming oil energy crisis. You couldn't have timed the crumbling of their credibility any better. Nowadays, ASPO-USA has become the deniers of the past, shouting into the wind how it isn't fair, that some people could see reality and didn't pay attention to their delusional zealotry instead.
You don't mean the shale revolution? Where wells drop production to a few single digit percent within a few years, and hundreds upon hundreds of new wells need to be constantly brought online one after the other just to maintain production.
See sig line. Geez...do you read ANYTHING posted on this site nowadays? Some of us don't even use the stuff for transport anymore, where have you been living? In a cave?
I've heard some say those electric batteries take more fossil fuel to produce than would be consumed during the lifetime of a conventional automobile, haven't checked if that's true though
I'm a doomer because I think people are unable to understand that our economic paradigm is far closer from a cancer in an organism than from a civilisation on a planet.
What are the lowly beasts of this planet? What is their worth? They can't produce higher art or science, their consciousness pales to ours and they can't enjoy the richness that this world can produce as much as we can.
Humanity is now close to the final levels of technology. Living machinery able to last indefinitely and perform all functions needed by society.
Progress has not been halted by two world wars, it will not be halted now.
Actually, consumption is a peak oil angle, and for obvious reasons: without increasing demand, there will be no need to increase production as much, which means a production peak can be postponed significantly.
The rest of the world wants to be U.S middle class, with their McHouses, their McJobs, and their Mceverything. You can't tell them no, especially when they have nukes.
I don't know how a production peak can be postponed much, they say conventional peaked and has been constantly declining for years now. Shale wells were said to peak and rapidly much more rapidly drop production to a few percent within a few years. So say they supplied say 25% of current oil, that would turn to 2.5% within a few years, only drilling thousands upon thousands of new wells has kept the music going.
Shale wells didn't buy you decades but years.