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Old 01-10-2011, 02:26 PM   #25 (permalink)
Thymeclock
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Quote:
Originally Posted by NeilBlanchard View Post
Oil is finite. By definition, there is a peak.

We passed worldwide oil discovery in 1965 or 1966. The fact that we are even considering using the so-called oil sands is proof that we are getting a little desperate...

Meanwhile, the BP oil pipeline in Alaska was leaking, again:

Congress Investigates Alaska BP Pipeline Leak : NPR
As usual Neil, the professional activist, is running his mouth and displaying his ignorance. The last time we heard this "we are running out of oil" nonsense was in the 1970's; the Leftist activists began crying that 'the sky is falling!' - just as they are doing again now.

"Peak oil is often confused with oil depletion; peak oil is the point of maximum production while depletion refers to a period of falling reserves and supply."

I would suggest everyone read this link rather than get their information from a biased cartoon video:
Peak oil - Wikipedia, the free encyclopedia

As expected, Neil would like to give the phrase a different meaning to keep you ignorant and promote his ideology.