http://www.politicalaffairs.net/article ... 014/1/339/
It takes all sorts.Peak Oil is a scam. When looked at superficially and if one's outlook is that of the status quo, it sounds logical: when you have a finite resource, and your way of life burns that resource much faster than your way of life can replenish it; and once you get past the halfway point of what remains of that resource, your access to that resources will go into decline. Common sense enough. But, common sense is not always the best sense. In this case, the explanation provided doesn't even add up to common sense.
Here is the real common sense, which the Peak Oil people pass right over. If, as these good folks tell us, we have already gone through about half of the stuff, then there is still half of it left! The first half took us through one century, so we have about another century to figure something out. OK, maybe less than one century because population has increased, world aggregate production has gone up, etc. But, in the meantime, other energy sources with related technologies are being developed, too. So, why so bleak?
Even this common sense is not a true sense. Peak Oil folks, to base their predictions of the looming doom, are using figures that are simply not correct. The very low estimate of 21 Bbo of available oil in the U.S. is one example. When actual figures are known, we shall see that the protests by the Peak Oilers may have been the smoke and mirrors necessary to actually foment more racism toward the people whose natural resources Uncle Sam is eyeing.
