Peak Oil is You

Donate Bitcoins ;-) or Paypal :-)

Page added on November 24, 2010

Bookmark and Share

Peak energy? What peak energy?

Peak energy? What peak energy? thumbnail

One of the other lies told by Watermelons – when they’re not bleating about the fast-fading ‘crisis’ of “Man-Made Global Warming” – is that the earth is fast running out of scarce resources. “Even if AGW isn’t quite as true as we pretended it was a few years ago, that’s still no excuse for not taking radical action to reduce our reliance on fossil fuels,” they claim.

Isn’t it?

The Global Warming Policy Foundation (Happy anniversary, GWPF!) has collated several pieces which offer a helpful counter to this hackneyed, and too often unquestioned, eco-fascist narrative.

Here’s the New York Times: (And would Pravda lie to you about a story so very much counter to its preferred ecotard narrative?)

Just as it seemed that the world was running on fumes, giant oil fields were discovered off the coasts of Brazil and Africa, and Canadian oil sands projects expanded so fast, they now provide North America with more oil than Saudi Arabia. In addition, the United States has increased domestic oil production for the first time in a generation.

Meanwhile, another wave of natural gas drilling has taken off in shale rock fields across the United States, and more shale gas drilling is just beginning in Europe and Asia. Add to that an increase in liquefied natural gas export terminals around the world that connected gas, which once had to be flared off, to the world market, and gas prices have plummeted.

Energy experts now predict decades of residential and commercial power at reasonable prices. Simply put, the world of energy has once again been turned upside down.

Here’s CBS on the vast reserves of natural gas now being extracted from shale:

“In the last few years, we’ve discovered the equivalent of two Saudi Arabias of oil in the form of natural gas in the United States. Not one, but two,” Aubrey McClendon, the CEO of Chesapeake Energy, told “60 Minutes” correspondent Lesley Stahl.

“Wait, we have twice as much natural gas in this country, is that what you’re saying, than they have oil in Saudi Arabia?” Stahl asked. “I’m trying to very clearly say exactly that,” he replied.

Does any of this sound to you like evidence that the world is facing the kind of energy crisis which can only be solved by concerted government intervention?

Me neither. One of my many beefs with the green movement is its wilful economic illiteracy. I say “wilful” because I can see no other explanation – except, possibly, arrant stupidity – for the way it so determinedly avoids all the lessons of history which show how infinitely adaptable man is and always has been in the face of “scarce resources.”

Man did not stop building wooden ships because of a shortage of trees. He stopped because he had developed the technology to build ships made of steel instead.

Man did not stop using horse drawn transport because of a concerted government campaign to reduce the piles of steaming horse manure in our cities by introducing a special Equine Transport Tax. He did so because private entrepreneurs invented the internal combustion engine.

Yet the energy policy of statist buffoons including Britain’s very own Huhne the Ecoloon is predicated on precisely this wrong idea: that it is a government’s job to force free citizens kicking and screaming in the direction of inefficient “renewable energy” through such distorting mechanisms as the “feed-in tariffs” (tacked on, by government diktat onto your gas and electricity bills) which have already proved such a disaster in Spain and Germany.

So lets, recap: the reason your energy bills are getting more and more expensive on the verge of what is widely predicted to be yet another obscenely cold winter is 1. to deal with a problem that doesn’t exist (AGW) and 2. to deal with another problem that doesn’t exist (wholly imaginary fast-depleting resources that must urgently be preserved through government intervention).

Telegraph UK

8 Comments on "Peak energy? What peak energy?"

  1. Frank on Wed, 24th Nov 2010 11:24 pm 

    …and the Arctic isn’t really melting either. All those pictures of melting glaciers are photoshopped to propagate the myth of global warming.

  2. Gilles Fecteau on Thu, 25th Nov 2010 3:34 am 

    Interesting how they use terms like “giant oil fields”, making it sound like we have plenty of energy. Not a single number in the article.

    Quotes such as: “and Canadian oil sands projects expanded so fast, they now provide North America with more oil than Saudi Arabia.” fail to mention that we only have 1 million bpd export capacity. We sell more to the US (From Alberta production) but import some for East consumption.

    This article is wrong in so many statements.

  3. Lee on Thu, 25th Nov 2010 4:51 am 

    Says on the author’s bio at the head of the article that he “is right about everything”.

    Having visited his website and read some of his other opinions we can safely assume he is as uniformed as the uninformed sources he quotes.

  4. Lee on Thu, 25th Nov 2010 4:52 am 

    unINformed, not uniformed…

  5. Cusanorojo on Thu, 25th Nov 2010 7:28 am 

    It really is amazing how ignorant people are on the subject of resource depletion, and nothing will change their opinions until they experience it firsthand. Just hang on for won’t be long.

  6. cusano on Thu, 25th Nov 2010 7:55 am 

    This blog is representative of the ignorance people have on the subject of resource depletion. No words will convince them otherwise. Soon, they’ll experience it firsthand.

  7. KenZ300 on Fri, 26th Nov 2010 1:02 am 

    A California-based company is building a $120 million biofuels plant near Reno Nevada.
    They expect the plant will create more than 50 full-time and 450 temporary jobs.

    The plant is expected to produce over 10 million gallons of ethanol AND 16 megawatts of electricity annually by processing MUNICIPAL SOLID WASTE.

    This plant will create clean energy and reduce dependence on foreign oil by
    processing HOUSEHOLD GARBAGE.

    Clean, sustainable alternative energy — that is what we need — local energy, local jobs.

    If every garbage dump in the country co-located an ethanol plant we could go a
    long way toward producing local energy and local jobs.

    Why do we keep pushing oil, coal and nuclear when there are clean, sustainable alternatives? At the very least we should diversify our energy sources.

    Garbage needs to be seen as a resource.
    Around the world if garbage was used as a resource it would go a long way toward solving two problems. Generating energy and reducing trash going into landfills and oceans.

    Deniers will continue deny but there is no denying that China and India are growing and using more resources each year. That growing demand will exceed the world available supply and increase the price of many limited resources.

    Soon we will all see the impact that growth will have on energy and commodity prices.

  8. KenZ300 on Fri, 26th Nov 2010 10:55 am 

    The US military is looking to reduce it’s energy use and oil in particular. They site cost and availability in the future as cause for concern. That should be enough to convince anyone that there is a limit to supply and we might have reached it.

Leave a Reply

Your email address will not be published. Required fields are marked *