Re: Peak Oil, diesel first to go?
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Peak stupidity we have not hit yet.
But the 70s did give us Hubbert, who predicted peak oil in 1995
Estimates of declining reserves and production are incurably wrong because they treat as a quantity what is really a dynamic process driven by growing knowledge.
In 2012 BP estimated known reserves at 1.633 trillion barrels of crude left.
In 2018 known reserves are now around 1.9 trillion.
Last edited by zipping; 09-12-2018 at 10:11 AM.
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