Nobody says that production will continue at 75 mbpd or so and stop, it's about the amount of miles driven per vehicle as a useful way to visualize the finite nature of future oil supplies assuming the reserves listed exist and will get produced. I thought it would be interesting to expand that a bit to average miles driven per vehicle to make it even more mentally graspable and concrete, ie, if you take each car today it can drive x miles as a percent of remaining reserves, and that number is highly finite, even using best case outlooks, which is the real takeaway I think.
As production declines, the time frame elongates I would say, since you're going to take longer to reach that 233k miles per vehicle globally since there is less available per day as time goes on, aka the long tail of miles driven, lol. Using the absolute yearly miles driven, which match oil decline data better in terms of two lines on a graph matching up is a bit more clear, obviously the number of miles driven total would have to match the oil produced as long as we use oil to run vehicles mostly.
The clever notion of putting the remaining oil into something everyone can relate to, ie, miles driven per vehicle has little to do with time frames, just gives a good mental tool for seeing what is left.
Obviously once decline sets in, it will take longer to reach that 233k per car, and as more cars are added, the actual available per car would decrease since the underlying reserves aren't expanding, so you'd expect average used per car to decrease over time, while number of cars increases. So maybe in 10 years, the expected average miles driven available per car might be half what it is today, or something like that.
It's very realistic to assume there will be cars driving around in 15 to 25 years I would say, though what will be interesting is to see what happens as production decreases globally, and how our societies adapt to that situation.
It's risky I think in peak oil circles to let wishful thinking replace historical trends and logic, tempting as that can be. If you break down the major producers most are doing ok maintaining production during these plateau years, though at the cost of pulling from the downside, the main argument for the seneca cliff model. Russia is doing ok, Saudi Arabia has done very well, much better than for example Matt Simmons thought they'd do in Twighlight in the Desert, some vaporware drilling isn't happening at all right now, like the deep Salt Brazilian deep water stuff.
On the more interesting side, I just heard that the 1% now own for the first time in modern history half the total wealth of the social systems they feed off of parasitically. So they are clearly doing better at directing resource flows into their own hands than we are, makes me wonder a bit about the oil prices of the last years.
so a gradual bring down seems logical.
If you're going to try to say I said that production will just continue at the current level and then stop it's probably not a great idea to quote me saying that production won't continue at the current level, rather a gradual bring down, as I noted, in the quote you quoted. Something tells me that when someone pushes against the doomer scenarios which have consistently failed to materialize in short term your mental off switch is triggered, must be otherwise you wouldn't quote me agreeing with you to suggest I don't agree.