Fox News: Experts Say Global Oil Production May Peak Soon link They quote both Deffeyes and Hirsh, and are pretty scornful about Bush's "plan".

If you take away Gary Bauer's shilling for the Rs and his expected potshots at 'liberals', what he writes is quite sensible.

Conservatives in the mainstream media will slowly embrace the peak oil more now to deflect hatred of the oil companies and calls for government regulation on prices. Since conservatives must always defend capitalism over socialism they must find the most plausible explanation for rising gas prices.

I wonder how Jerome Corsi is going to react when most of his conservative brethren become peak oil doomers?

Corsi's "solutions" are to remove environmental restrictions, drill everywhere, more tax cuts, tar-and-feather the evil liberals, etc. So in the end he's more or less in line with his neo-conservative kool aid drinking brethren.

[flash width=550 height=400]http://www.bushflash.com/swf/nazi.swf[/flash]

Wow MyOtherID,

Your stupid post really makes a point. Now go home and console your latest Kennedy drug addict/criminal.

The Kennedys are Irish Catholic scum who should be run out of the Democratic Party.

And you're right, Kennedy is a drug addict. At least nobody could call Rush that, could they?

Please don't post really lame stuff with embedded audio.

I was listening to tunes and when this came up I nearly went deaf.

Here I am listening to Beethoven's piano sonata 21 with the volume
turned up when suddenly

LADIES AND GENTLEMAN, RUSH DIMBULB!!! (RAAAUGHHH!!!!!)

Gawd

I could care less what Limbaugh says (as he has Jim-Jones-brainwashed his audience for the last 15+ years and they won't recover ever), but Schultz has been pushing the ethanol/biodiesel thing really big the past year, and so to bring Pimental on is a good deal. Consider also that Schultz's home-base is on the Red River and home to a huge crop of sugar beet farmers.

I was going to say the same thing but then realized you can disable the auto-play from your browser settings. In other words, its our own fault if we had to listen to this.

UPDATE: Also just click on the Ignore button above the audio-containing post, and at least you won't have to go through it again if the same poster tries to do it again.

T. Boone Pickens appeared on Bloomberg Radio this morning. To those that follow him closely, he didn’t say much new.

He repeated his contention that we will not exceed daily production of 85 million barrels a day, because depletion will more than offset new production.

Demand increases, he said, “will be killed by price”.

Perhaps most noteworthy is his prediction that oil will pass $80 barrel sometime before New Year’s 2007.

He also says there is plenty of natural gas around right now, and the price could stay weak “for some time” through the summer.

Major oil company stocks discount a price of $40 oil in the ground but will eventually reflect market realities.

Currently thinks Canadian oil sand stocks are the best stock market investment.

I am just the messenger here; I do not agree oil sand stocks are the best energy investment right now. However I do agree on a net liquid energy basis we are at or near peak. Even while we may exceed the 85 mpd because, for example, of counting ‘other oils’ like ethanol in IEA figures, the net amount of energy available for consumption won’t increase – because of the oil used to produce and bring to market alternative ‘other oils’ like ethanol. IEA figures are a gross amount, which also counts other oils – some of which are not usual energy sources - and in no way reflects the use of one energy source to get another, except for the ‘refinery’ gain which produces more product output than input in the refining of crude oil.

Did he mention this?

Link

Billionaire's son charged with burglary
CORNWALL, Conn. --An accused burglar whom police say they found groggy and hiding under a table in a fly fishing shop last weekend has been identified as the son of billionaire oil tycoon T. Boone Pickens.

"counting ‘other oils’ like ethanol in IEA figures"

IEA measures the liquid fuel when it comes out of the ground as petroleum and a second time when converted to ethanol?

idiots are running energy ponzi scheme. sounds like the way the FED measures American wealth. just another inducement to use up crap. pathetic.

no convenience store for little t-boone. Dad is no spring chicken. How old is junior? I guess the kid is the result of one of dad's 'fishing trips'

Pickens did appear later in the day on CNBC.

The 'debate' was framed by the question 'Are We Running Out of Oil?'.

Taking a statement by former President Carter out of context, the 'other side of the debate' pointed out the some have said we are running out of oil before. Carter actually said we would run out of oil if consumption kept increasing fast every year - which is techncially correct - since capacity never grew that fast.

Anyway Pickens said we have 20 years left - although what happens after twenty years was not clear. He said the question is not that we are running out of oil but that we are are about halfway through the recoverable oil - and the oil age will be over in 40(?) years.

Questioned about oil sand, Pickens stated it takes an investment of $70 billion to produce 1 million bpd. It was not clear if that includes operational costs; I assume it doesn't.

No mention was made by the optimists of potential natural gas or even nuclear power shortages to extract the oil sands. Just bland statements that alternatove energy will be economically profitable.

Pickens also noted that Saudi oi production is dropping (see my post on the Saudi thread:http://www.peakoil.com/fortopic10918-360.html)

Good to hear. I thought I had hallucinated the blurb after checking their site and not finding Picken's name among the guests.

The spot itself sounds like just the sort of skewed pablum one would expect on Kudlow, whose bountiful optimism is without equal. Thanks for the digest version.