Peak Oil Debunked? (Followed by a debunking of a debunker...)
Posted by Prof. Goose on August 25, 2005 - 12:39pm
Matt opines:
A year and a half later, and Peak Oil is popping up everywhere. Which means the subject has now proliferated to the point where the market is ripe for "peak oil debunkers."
When I first learned about these issues, I would have loved for there to have been several "peak oil is cacka" sites. After all, if there are some sites that claim to "debunk peak oil" or better yet, "debunk individual X", that means that maybe the disturbingly convincing sites like From the Wilderness, Hubbert's Peak, and Die Off, the oft-cited authors like Richard Heinberg, James Kunstler, Ken Deffeyes, Matthew R. Simmons, David Goodstein, Jan Lundberg, and science-trained legislators such as Roscoe Bartlett (who is a trained physicist with over 20 patents to his name) could be wrong in their prognostications of economic collapse, war, and overall doom-and-gloom, right?(Matt also mentions our community kindly further down in the piece.)To the laymen or "Peak Oil newbie", the existence of "Peak Oil is dog poo" sites creates an illusion that there is still some type of viable "debate" between the optimists and pessimists:
Maybe I can relax, comforted by the hope that the pessimists will be proven wrong, right? Sure, EnergyBulletin.net has 1000s of articles archived, most of which tend to prove we are in really, really big trouble, but since some guy who won't give his real name put up a blog claiming to debunk it all, I guess "all is well." With all this commotion on the internet, certainly the jury is still out as to these issues, right?"
Well not really.
Matt has been called just about every name under the sun, and while I don't always agree with him on everything (if I agreed with anyone all the time, it'd be pretty boring), I admire him for his drive and passion with regard to what I think many of us agree is the problem we need to address in the coming years. Thanks for taking the fire, Matt.
Technorati Tags: peak oil, oil
http://peake.blogspot.com/2005/08/saint-jerome-keeping-it-real.html
-JonS
The reason is that it is hard to "think on your feet" when the pressure hits. You need to have a set of scripts prepared ahead of time.
One angle developing on my lemmings page, in response to Tiereney of NYTimes $10,000 fame deals with overfishing.
See "Have you eaten any cheap cod lately?" at:
http://lemmonledge.blogspot.com/2005/08/ignoramus-and-proud-of-it.html
Tierney's proclamation about natural resources is cod crap. Fresh air "was" (note past tense, now extinct) a natural resource and it used to cost $0.00!!
Here are some more sites dealing with the "collapse" of fishing industry for certain overfished populations, cod being one of them (PBS had a special on this a few nights ago):
Note the link to oil prices at the bottom of this one:
http://www.nationalfisherman.com/magazine-content/market-updates.asp
Does the cover image of this next one tell you where US auto companies are going?
http://www.nationalfisherman.com/magazine-content/pastissues/apr2004.asp
Remember when Brits "produced" their own cod for fish'n chips rather than relying of foreign crud(e) cod?
http://www.globefish.org/index.php?id=2030&easysitestatid=55308110
Inquisitive Lemmings Love to Dig Deeper into the Rationale of the Righteous Right.
Most responsible thinkers will understand that Peak Oil (Peak*ing* Oil) can be associated with a wide range of outcomes, entirely dependent on when the world recognizes the problem and starts to act.
Prices being what they are you can expect a lot more attack commentary in the very near future.
That's so easy for economists to argue with this... like all the articles about economic bubbles etc (part of there arguments are convincing indeed).
Unfortunately, that's the easiest way to catch hears...
But apart from high prices there are so many obvious evidences in favor of peak oil that we should be able to manage debunkers easily.
I think Savinar's lengthy rebuttal is quite good although I have my doubts about some of it.
It seems to me that The Oil Drum should develop forums with moderators. One forum could be around the discussion of the effects of Peak Oil on the world economy.
One of the problems I have with Savinar's site, far aside from the doom and gloom, is the detail to which he described the future. I mean, it's almost as bad as economists, really. I don't think he really knows how the oil endgame will play out. I think it's a good idea to keep all his worst-case scenarios in mind, but one of the things I've noticed is that these kinds of prophecies become self-fulfilling: "Savinar tells me I can't do anything about it, so why not just consume?"
I prefer to send them here or to individual articles or just let them borrow Matt Simmon's book.
LATOC needs to clean up the layout and reduce the advertising or it will be dismissed by those who are always suspicious of being taken advantage of.
Now look to the left.
What do you see?
Advertising.
every dime we make on those ads, we spend on development for this site.
ergo, you have indicted yourself, not us.
I am sure that some of you have probably already read it - this guy is another one of those from the camp of "technology will come up with an answer".
Econbrowser provided us with a list of future supply projectionson a country by country basis. But the 33 page report costs $2500 dollars and just more non-transparent data for here in the TOD Community to deal with. Looking at that list of countries and the supply projections by 2010, I am struck by some entries, like:
Yet, we've all had to endure the soothing commentaries in The Washington Post, National Public Radio and the other intelligent MSM outlets that there's no "running out of oil problem" at all. Yergin never explains what peak oil actually means -- it does not mean that we are runnning out of oil -- and completely ignores the work of Matt Simmons on Saudi Arabia. It's clear enough that his main source on the Kingdom is Aramco, which is not credible as even Peter Maass' NYT Magazine piece made clear.
So, the war between the PO community and the smooth-talking MSM favorites continues. But have we been debunked? As Savinar says, not at all.
200,000(mbd) million barrels(a)day. is a lot of oil. If my zeros added up correctly that works out to 200 trillion barrels of oil. -:)
the hermit
Which brings up the point that peak oil needs to be taken seriously now but has not been yet. In fact, Jimmy Carter took it seriously in 1979. PO is getting a little more MSM coverage and that's good. But not nearly enough. Which brings us back to the usual discussion of "denial".
Look at the country-by-country CERA projections. And, I didn't even take Asian demand growth into consideration. Nor did I assert as Simmons does that Ghawar is peaking now (despite their ever-increasing water-cut).
the hermit
It's undeniable that PO is one of the biggest challenge humanity will have to face this century. The more people are aware of it, the easier the transition will be so thanks Matt!
Most attorneys I have known are not crusading for justice. They are more likely to say, "Yes you can spend $3,000 in court, and win, but you'll never collect a dime." They're pragmatists like Bruce whats-his-name on the radio. They like to settle things and move on.
Unlike many peak oil gurus, Savinar seems relatively uninterested in the who's-to-blame of how we got to the brink. He's read, or studied, the various doomsday books and sees no reason to expect anything better than the worst. He takes the crash as a given, and plans on being a survivor. He advocates self-sufficiency, which is certainly a better idea than expecting the government to take care of you.
And I can't google any of these quoted items for matching web sites, I have to wonder about his methods. We have enough problems without resorting to making stuff up via phantom straw-bogeymen.
He then says "Feel free to peruse such sites and articles. "
Excuse me, Matt, where are they again?
Maybe he is talking about that Marshall Brain techie fellow or maybe Dave McGowan (Ruppert's nemesis)?
The one that he debunks seems to be a single-page web site.
http://www.naboo.us/
I am quaking in my boots over that one.
In reality, what we have to worry about is when one of the Skeptics sites (like http://www.skeptic.com/) starts railing against the oil depletionists. So far, so good, they have not gotten skeptical over peak oil. Yea I know, apart from that Freakonomics fellow.
http://www.knowledgeproblem.com/archives/001385.html
"Price increases reflect expectations of future scarcity relative to demand and risk. That is the most powerful mechanism by which we learn both to conserve and to innovate."
So she is not a debunker, but rather a proponent.
What is is an "economist"?
By this I mean, what education is required of a young person in order for them to consider themselves an economy major?
Given that you had us pointed to NorthWestern, I took a look at their BS degree requirement page:
http://www.econ.northwestern.edu/undergraduate/major.html
I do not see any requirement for an NW "economist" (BS level) to learn the laws of thermodynamics, physics and chemistry. This is very troubling. How can they properly "model" the world if they have no internalized model of some of the phyisical constrints that Mother Nature imposes on everything?
-----------------------------
P.s. diggin deeper as we lemmings are sometimes want to do, here is Professor LLK's cv:
http://pubweb.northwestern.edu/~lki851/Kiesling_vita_Jan2005.pdf
it shows a large knowledge base in electric utility structures, examples:
B.S. Economics, 1987, Wrote honors thesis on variations in changes in electric utility rates across user groups in response to oil
price shocks of 1973-74 and 1978-79,
"Investment Incentives and Dynamic Efficiency in Electricity Markets: An Experimental Analysis." Manuscript, October 2004.
But where is the knowledge about the science of electric power generation?