Peak Oil and Its Relevance To Today’s Energy Picture

Peak oil, or peak anything for that matter, is about production peaking, not about production running out. There’s nothing uncertain in this, there’s just misunderstanding. Hubbert’s peak (his prediction that the production of oil would hit a peak) happened. That’s why North American crude production declined from the late 70’s through 2008.
….We do also have to pay attention to peak gas (~30 years), peak uranium (~40-50 years), and peak coal (~80 years). If we don’t take different paths towards better technology, then those peaks will hit us pretty hard, and they will hit just as we’re starting to experience some serious accommodation costs from AGW.
Two good points. To the first (more…)









