Quote:
Originally Posted by NeilBlanchard
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
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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.