Regarding the "non event" of peak oil and it's lack of effect on 1st world people: JHK has pointed out that peak oil will coincide with peak everything. So, during the period while we are still burning off 85MDB, everything we do will not only be at full throttle, but at the maximum it will ever obtain. Peak driving, peak building, peak (industrial) farming, peak vacationing, peak research, peak blogging, peak worrying, peak debunking, etc.

This could last for a short while, but eventually and inevitably the gas line sputters and delivery of fuel slows, regardless of our effort on the throttle. Then the slide begins, and it is from this position, looking in the  rear view mirror, that we both appreciate why (at the time) all that peaking seemed like a non-event, and why we should have maybe eased up on the throttle earlier.

Re:  Peak Oil Debunked, see:  

"M. King Hubbert's Lower 48 Prediction Revisited"
By Jeffrey J. Brown (Westexas) & Khebab
http://www.energybulletin.net/13575.html

HL = Hubbert Linearization   Qt = Total Estimated Recoverable Reserves

Several large regions/countries have peaked in the vicinty of 50% of Qt (based on HL):  Texas; Lower 48; Total US; Russia and the North Sea.  None--not one--has shown higher production than what was observed in the vicinity of 50% of Qt.  

The world is at 50% of Qt.  Oil prices are trading in a record high (nominal) trading range.    World oil production is down slightly, but it is down, and US imports are down substantially since late February of this year.  

As far as reserve growth goes, didn't Stewart's piece on "Does Reserve Growth Prove Anything?" pretty much show that reserves generally grow right along with production until production peaks and then reserves go down as well, and that the quantity of reserves did little to predict when peak would happen?  The fact that reserves are today reported to be around 1100 GB, and PO pessimists are calling for a URR of 2400, and that peak happens around 50% of URR, would make me think that the pessimists are right, and the the high reserves ironically help to confirm it.

JD who?

i.e. His 15 minutes of limited fame came and went without anyone paying any lasting attention. La-dee-dah.

And about his reserve growth post -- he cherry picks his data to make himself look like he is on to something.