AdTheNad wrote:dolanbaker wrote:I voted yes because for every litre of fuel I save is a litre available to be used elsewhere and it will be used!
In the short term yes. But for every litre you don't use, that puts a slight downward pressure on price, meaning less may be extracted and there may be less new holes drilled in the short to medium term. That means in the long run - some might stay in the ground, or maybe not, but it can delay the effects of AGW and the steepness of the down curve.
The point I am making is that other people in other countries are already clamouring for that fuel, any downward pressure on price will be cancelled out by an increased demand.
Energy conservation flattens the peak, the steepness of the down curve will be determined by the technology used to extract what's left.
When the "attic oil" (the stuff that has migrated to the very top of a reservoir) has been taken the field is likely to have a shark fin decline pattern.