[ExI] Whatever happened to peak oil by 2020?

[Tomaz Kristan]

> Yeah, they drill like the demented and get less and less per well and
effort spent, and energy invested.

Where this newly needed energy to extract the oil comes from? I guess from
the oil pumped out. So where is the problem?

You don't imply that they use the solar and wind for it? (It would be good
also, if you ask me. But there is no economically viable wind to help
pumping the oil. So they use the oil itself.)

1 Gt of oil may stay under the ground, or we may use 1 Mt of it to pump 999
Mt of this oil to the market.

In fact, the oil pumping efficiency goes up with always better technologies.


On Wed, May 8, 2013 at 10:04 AM, Eugen Leitl <eugen at leitl.org> wrote:

> On Wed, May 08, 2013 at 09:16:08AM +0200, Tomaz Kristan wrote:
> > > I should say it surprises me that in 2013 most people have no clue what
> > Peak Fossil means
> >
> > Yes, indeed! After 7 or so years after the peek oil, they still don't get
> > it! Even those oil diggers, instead of realizing it they just pump it
> ever
> > more and more.
>
> Yeah, they drill like the demented and get less and less per well and
> effort spent, and energy invested. So not more and more, it's a Red
> Queen situation. It should tell a sane person something
> (net energy cliff, ahem) but people are pretty insane that way.
>
> As a whole the humanity seems to subscribe to the Alfred E. Neumann
> school of thinking.
>
> I'm getting pretty tired of the resident Cassandra job, so I'm keeping
> this down to a dull roar. The numbers are out there for your consumption;
> make of them what you will (most don't bother to look).
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