Otherwise, fascinating series. I've often said that Peak Oil doesn't mean that all the oil is gone, just the half that was easiest (cheapest) to extract.
No, I just looked it up and "squews" just a spelling mistake. Spell checkers don't work well for me because I try to use Canadian spelling and the programs are all based on American spelling.
I suspect "peak oil" means different things to different people. Certainly, oil that takes more energy to produce than you can get out of it isn't terribly useful. It seems now that the limiting factor for oil peaking is damage to the environment---not the amount of energy-positive oil we can pump out of the ground or dig up in open pit mines.
Unfortunately, this means that if you deny the existence of climate change, then you can also deny the existence of peak demand for oil too. :-(
I was referring to your point about a barrel of Canadian or American oil costing so much more than say, a barrel of Saudi oil. They are still drawing what's left of their "straw in a milkshake" oil while North America is cooking tar sands and fracking shale to get at what's left here - and doing it so much (despite the cost) that they are now #4 and #1 producers respectively.
Over and above the massive environmental costs are self-inflicted productivity wounds that you mention. Demand has certainly not peaked, but production. "Peak oil" was supposed to mark that. It was a prediction based on geology and not capitalist greed LOL!
Is squews Canadian for skews?
Otherwise, fascinating series. I've often said that Peak Oil doesn't mean that all the oil is gone, just the half that was easiest (cheapest) to extract.
No, I just looked it up and "squews" just a spelling mistake. Spell checkers don't work well for me because I try to use Canadian spelling and the programs are all based on American spelling.
I suspect "peak oil" means different things to different people. Certainly, oil that takes more energy to produce than you can get out of it isn't terribly useful. It seems now that the limiting factor for oil peaking is damage to the environment---not the amount of energy-positive oil we can pump out of the ground or dig up in open pit mines.
Unfortunately, this means that if you deny the existence of climate change, then you can also deny the existence of peak demand for oil too. :-(
I was referring to your point about a barrel of Canadian or American oil costing so much more than say, a barrel of Saudi oil. They are still drawing what's left of their "straw in a milkshake" oil while North America is cooking tar sands and fracking shale to get at what's left here - and doing it so much (despite the cost) that they are now #4 and #1 producers respectively.
Over and above the massive environmental costs are self-inflicted productivity wounds that you mention. Demand has certainly not peaked, but production. "Peak oil" was supposed to mark that. It was a prediction based on geology and not capitalist greed LOL!