Something that's actually good

Kurt Cobb via EnergyBulletin single-handedly debunks all of the myths we hold about oil:
  • Half of all oil consumed since the beginning of the oil age has been consumed since 1985
  • Peak oil does not mean that we won't find any more oil. We are finding oil every day. We're just not finding enough and putting it into production fast enough.
  • Peak oil does not mean we are running out of oil...The rate of production is the key, not the size of the world's reserves.
Oh, and then there's this magical gem:

"Perhaps it will seem puzzling that experts inside the industry--with a few notable exceptions--cannot grasp that the rate of production is the central issue. The best explanation I can offer is to quote author Upton Sinclair: 'It is difficult to get a man to understand something, when his salary depends upon his not understanding it!'"


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