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301 comments on Dr Deffeyes defines a date

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xuewen on February 13, 2006 - 7:10pm Permalink | Subthread | Parent | Comments top
Of course the problem with using Hubbert Linearisation to predict global oil production past the peak is that the global peak may be qualitatively different to regional peaks, precisely because societal response will be qualitatively different.

When regions peak, you can just import more oil from other regions, which is what we've been doing up until now. The result is a more or less symmetrical curve in regional production.

When global production peaks, the physical reality of oil shortage and the psychological (and therefore economic) impacts are likely to be entirely different.

We really are sailing into uncharted waters. What happens next is anyone's guess.

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Oil CEO on February 14, 2006 - 1:30pm Permalink | Subthread | Parent | Comments top
This is correct. A sometimes overlooked point.
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301 comments on Dr Deffeyes defines a date

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