171 comments on Plateau update
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Cognitive Dissonance. I predict that the more in error Yergin's predictions turn out to be, the more vigorous his attacks on Peak Oil will probably become, ditto for Michael Lynch, Peter Huber, et al.
As I said the other day, "Who are the true cultists?"
Those who believe that a physical world has physical limits, or those like Peter Huber, who believe that we can essentially increase our rate of consumption forever?
He never said there would be oil for all.
Only for those who truly believe.
You are not a true believer.
No oil for you.
Go ahead and cry Texas boy.
No oil for you.
Boo hoo.
Oil only for those who truly believe in the Power of the Invisible Hand, blessed be its name and praise onto our magnificent priests, Yergin ala Huber. For the true believers, the oils will flow forever and beyond. Over hill. Over dale. Over plateaus that never fail. As the barrels go rolling along.