Vortex wrote:<sigh>
Speak for yourself.
The very fact that I do NOT know what the story is, and so went out to find people who do shows that I have NO personal 'in built' conviction.
There's your problem. You assume that there is some hard fast "peak oil story" in the heads of those who work in the oil industry. There is NOT.
There is information about depletion and information about percentage extraction and information about how much reserves need to be replaced and information about costs and information about profits.
That's IT.
I have NO certainty about PO ... I need others to tell me what is - or is not - happening.
Good luck with that because there is NOBODY who knows.
Shell has a scenario called "blueprint vs scramble" but it's flawed.
The problem is that oil companies see everything as being about oil. It's not. There are alternatives, though many peakoilers do their best to deny this.
To summarise: You are an expert and know best, whilst I admit my ignorance and seek a rough idea of the truth (or not) behind the Peak Oil story.
I'm not an expert. I'm guessing as much as you are but I definitely don't get any "oil executives secretly worried that we're doomed" vibe.
I get "oil executives worried about how to replace reserves so they can continue to grow their business" vibe.
In SOME companies and in SOME regions of the world.
Go talk to Petrobras executives or any of several juniors in various places and they will tell you a different story.
And the problem is even more complex than that. It's NOT just about oil even though you have concluded that you will get the total picture by talking to oil people.
It's also about coal, nuclear, hydro, solar, wind, electric batteries, conservation, heat pumps and even "back to thee land" and what happens with the financial system etc etc etc
I'm not taking the piss or saying you shouldn't go talk to your oil executive mates, it's just that such a HUGE endeavour to figure out that I don't think you'll ever get a complete picture. There are too many variables.
From that you can conclude that anyone who claims to know the one true path of the future is more than likely wrong.
For this reason I write off tosh like "the markets will collapse for ever on because they all know that the financial system is predicated on infinite growth [of oil and resources]"
I also write off crap like "there are no substitutes for oil".
I've been and seen with my own eyes.