meemoe_uk wrote:Hi All, after looking at your links and posts i..[/i]
Thanks
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
The statement is speculative but not as speculative as your point.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.
I'd be interested to hear where you read that.Alternate energy is currently massively suppressed by the oil cartel.
Look, if you want to be taken seriously you need to be serious, "no" is not an argument.9. Oil production data is proprietary making long range planning by governments difficult.
No
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. ?