[ExI] RIP: Peak Oil - we won't be running out any time soon

[The Avantguardian]

>________________________________
>From: Stefano Vaj <stefano.vaj at gmail.com>
>To: transumanisti <Transumanisti at yahoogroups.com>; transhumanistes at yahoogroupes.fr; ExI chat list <extropy-chat at lists.extropy.org>; doctrinezero at googlegroups.com; technoprogressive at yahoogroups.com 
>Sent: Friday, February 24, 2012 12:29 PM
>Subject: [ExI] RIP: Peak Oil - we won't be running out any time soon
>
>
>Interesting...
>http://www.theregister.co.uk/2012/02/23/peak_oil_is_dead_citigroup/

 
So is the author's intent to lower interest and investment in alternative energy R&D? Sure the Nazi's figured out how to make oil from methane but it costs energy to do so. What is technologically scare to us is not "oil". We can make as much oil as we can afford to.
 
What is scarce to us technologically is ENERGY. And this is sad because naturally energy is super-abundant. So if the author is simply trying to dissuade panicked tree-huggers from signing 2012 suicide pacts, well then I agree. If his intent is to instill a "oil companies have it all under control" polyanna mindset in potential investors I disagree. There is certainly hope at this point. But that hope requires ACTION to become reality.
 
Stuart LaForge

"The state that separates its scholars from its warriors will have its thinking done by cowards, and its fighting by fools." -Thucydides.