<DrumBeat: November 13, 2006 The Oil Drum TOD:UK to become TOD:Europe (and...anyone know anything about wikis?)>

194 comments on Why We (Really) May Have Entered an Oil Production Plateau

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Dragonfly41 on November 13, 2006 - 9:20pm Permalink | Subthread | Parent | Comments top
This is quite true, I think.  We may have just started along the Plateau and could hang there defying gravity for a decade or so.  Things may only speed up once there is general awareness of what this Plateau really is.  

At this point, we may speed up towards the end of the Plateau due mainly to protectionism (nationalist hording of resources - i.e. what I think Russia is currently doing).  If this gets out of hand, then this period of "suspended stability" could end sooner than later.

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PeakOilPete on November 14, 2006 - 4:19pm Permalink | Subthread | Parent | Comments top
additionally, while production/extraction may platea, demand will not.  exponential growth in emerging markets (as if china and india are merely emerging) will also shorten the plateau, or stated inversely, cause the inevitable decline to start sooner.
-PoP
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194 comments on Why We (Really) May Have Entered an Oil Production Plateau

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