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Re: THE Prof. Kenneth Deffeyes Thread (merged)

Unread postPosted: Sun 19 Nov 2017, 10:16:30
by Subjectivist
Yoshua wrote:According to BP world conventional oil peak took place in 2005 and then started a slow decline.

Image


I find that a bit hard to swallow. While deep water formations are hard to access because of the water they are not dissimilar to formations on land. To me oil either comes from conventional source rocks, or it doesn’t, the water doesn’t effect the oil itself.

Re: Deffeyes: $300/bbl=world's economy in smoldering ruins

Unread postPosted: Sun 19 Nov 2017, 12:47:22
by AdamB
Revi wrote:We won't see an economy in smoldering ruins, because there won't be enough gasoline left to burn anything.

If what Deffeyes says is true and oil goes over $300 in a year or two, car culture is dead.

We'll all be riding the bus instead.

If there is a bus to ride...


And here we are a decade later Revi, and boy it sure looks like this continues to be your angle. Kick the can, ad infinitum?

Re: THE Prof. Kenneth Deffeyes Thread (merged)

Unread postPosted: Sun 19 Nov 2017, 12:49:42
by AdamB
pstarr wrote:Even when crude rises to $500 or $1,000 unconventionals will remain a blip, a meaningless luxary reserved for generals or billionaires perhaps."

(I wrote that back in 2008)


Thanks for proving why you don't ask technical oil or economic questions of 4-H folks.

Re: THE Prof. Kenneth Deffeyes Thread (merged)

Unread postPosted: Sun 19 Nov 2017, 12:52:00
by AdamB
Yoshua wrote:According to BP world conventional oil peak took place in 2005 and then started a slow decline.

Image


Nothing on that graph says anything about conventional oil.