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[–]EthnocratArcheofuturist[S] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (2 children)

How old are you?

35.

When I was at school our text books said oil would run out in 2015.

Hubbert himself said the US would reach peak oil by the 1970s, which happened. The shale bubble has revived American oil production, but it's a bubble nonetheless. It's ERoEI is too low and it's been propped up by massive amounts of debt. Hubbert also said that the world would reach peak oil by the 2000s, which, again, happened: https://www.nationalgeographic.com/science/article/101109-peak-oil-iea-world-energy-outlook

It's one of the reasons why the financial crisis of 2007–2008 happened. That crisis was partly sparked by an oil shock. The shale bubble pushed this date up by about a decade. Global peak oil now probably happened in November 2018.

By the way, Hubbert's predictions were about conventional oil. Shale oil is unconventional oil. So, technically Hubbert was spot-on.

These predictions are not ever reliable.

The data disagrees.

They take into account growth but not the new tech which will come with that growth.

Technology isn't energy.

[–]chadwickofwv 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

By 35 you should have realized all that shit is nothing but baseless propaganda. Same goes for the panic about "global warming" and recycling of paper and plastic.

[–]EthnocratArcheofuturist[S] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

Not sure if trolling or just stupid.