Sorry if this has been posted.

Sprott

Has the Matador Slain the Commodity Bull?

January 2007

Eric Sprott
Sasha Solunac

We believe there are . . . temporary factors suppressing the oil price. The financial world was quick to profit during the bull times, and now they are similarly quick to bail (and short) during periods of weakness.

There may also be geopolitical factors at play, such as the Saudis (doubtless with the backing of US) wanting to break the back of Iran by suppressing the oil price.

We don’t generally pay heed to such hearsay (unless we know it to be true), preferring to concentrate on the fundamentals. The fundamentals for oil continue to be highly favourable. In fact, the issues the oil markets face are staggering. As we’ve already mentioned, Chinese and Indian demand for oil threatens to grow exponentially as they continue to build the wealth to become consumerist societies like the West.

Furthermore, the supply side of the equation continues to face daunting issues.

North Sea production, at one time representing 8% of world oil supply, has peaked and is declining precipitously.

Norway recently dropped its forecast for 2007 oil production by 15%. Britain’s crude oil production, which peaked before Norway’s, fell 15% last year.

Mexico’s Cantarell oilfield, the second largest in the world, fell 10% or 200,000 barrels per day in a six month period.

British Petroleum, one of the largest oil companies in the world, recently reported the sixth straight quarterly decline in oil production, losing 400,000 barrels per day in the past year.

A mechanical problem on the Hibernian platform resulted in 80,000 barrels per day being temporarily taken out of production.

Venezuela is threatening to nationalize its oil industry and kick foreign companies out.

The Middle East (Iran, Iraq) remains a powder keg of instability and threatens to become only more so in 2007.

A dispute between Russia and Belarus almost took 1 million barrels per day of oil off the market.

These factors are rarely incorporated by analysts in supply models.

http://www.sprott.com/pdf/marketsataglance/01-2007.pdf

You need to add to that list the hype that Prof. Deffeyes and co have engaged in over the past couple of years.

I can hear the groans across TOD resounding through the Internet, but people need to be made aware just how 'benevolent' Prof Deffeyes truly is! This is a repost from a very late post yesterday, as I feel the implications are simply to big to ignore:

---------------------

Hello Aniya,

Thank you for at least having an open mind! His 'rant' can be found here:

http://www.princeton.edu/hubbert/current-events.html

Some quotes of interest:

I enjoy talking with financial firms about the oil problem. It is gratifying that many in the financial community took an early interest in the consequences of a downturn in world oil production. One of the nicest compliments that I received was in Tokyo. A fellow told me that he read Hubbert's Peak five years ago, believed it, and told me that he "made a hell of a lot of money." I wasn't quick enough to ask how many zeros were in a "hell of a lot of money," but he heads the largest hedge fund in Asia.

Yes, I'm sure congratulations are in order to Prof. Deffeyes, as he has probably made a LOT of hedge funds in Asia AND the US make 'a hell of a lot of money." Not only that, he practically ADMITS that he makes the rounds to various financial firms 'informing' them of the peak oil problem! Yet people here at TOD seem to completely miss the implications of this!!!

I'm not in the business of recommending individual stocks. That requires far too much homework; I don't have the patience. Recognition is growing slowly that the world oil situation is approaching a crisis. But whenever the price of gasoline goes down, a lot of people think that the problem has disappeared.

Notice how we are all capable of 'grasping' the concept of peak oil and its ramifications, yet we can not possibly understand his recommendations for individual stock picks?

Over the last few months, oil prices have dropped from $70 per barrel to $50. Most people learned in Econ 101 that a low price is a symptom of an abundance of supply. About five years ago Wired magazine tried to arrange a $1000 public wager between S. Fred Singer and me about oil prices on two consecutive years. It looked to me like a sucker bet. When supply and demand are closely matched, tiny changes cause enormous swings in price. We could have as well flipped a coin for $1000. I could, and did, arrange my own non-sucker bet by investing in several oil and natural gas stocks on a scale larger than $1000. It worked out quite well, thank you, although I have to grit my teeth during the downswings in price: Grit, grind, crunch.

This dribble should speak for itself :laughs: Unfortunately, the admission that he was making a killing durring the oil bull run probably goes over the top of most peoples heads. Of special note is his worry about the recent downswings in prices. After, he would still be making a killing from his own private investments...hes just grinding and gritting and crunching his teeth as he realizes how he went out on a limb with his Hedge Fund advice and they are loosing billions! :laughs:

From April 2005 onward, crude oil prices have been above $50 per barrel. For several months during 2006, oil prices rose above $70. At those price levels, virtually all producers pumped every possible barrel. With that kind of cash flow, any well operator who suspected one morning that his Blakenship #7 well did not produce its usual share last night will have Halliburton out there in the afternoon trying to fix it.

Yeah, Halliburton did such an awesome job with the 200,000+ bpd that was shut down at Prudhoe bay for the better part of 3 months.

Yes, I'm sure congratulations are in order to Prof. Deffeyes, as he has probably made a LOT of hedge funds in Asia AND the US make 'a hell of a lot of money." Not only that, he practically ADMITS that he makes the rounds to various financial firms 'informing' them of the peak oil problem! Yet people here at TOD seem to completely miss the implications of this!!!

So you would trust him more if he said he was doing it 'for the good of mankind' and wasn't clear that he makes money off all the people, like yourself, who DON'T believe him? (i.e. that 'bet' against him in the market)

Notice how we are all capable of 'grasping' the concept of peak oil and its ramifications, yet we can not possibly understand his recommendations for individual stock picks?

That's not what he said at all. He said he doesn't even have the patience to pick them himself.

Have you ever been to Alaska? It ain't Texas.

It's called market manipulation. And if he made his rounds to say, Goldman Sachs, then invested in oil options shortly before they set their basket of options to include 10% in oil, its called insider trading. People go to jail for that.

And I just want to point this out: Its remarkable how the oil prices began collapsing in July of last year...everyone simply attributed it to republican manipulation, but its surely just a 'coincidence' that it occurred at the end of the same month that we had the worlds production rate exceed 85 mbpd, and in the same quarter that we set our high production average! :laughs:

One simply has to wonder what Prof. Deffeyes has to grind, grit and crunch his teeth on! :laughs:

If you have evidence - back it up with data. If you dont - shut up.

Here is what you said yesterday about WT:

And BTW, trying to evoke an emotional defense of a scientific subject only shows that you lack anything more then a conceptual grasp of the subject.

and here is what you said above about Deffeyes:

One simply has to wonder what Prof. Deffeyes has to grind, grit and crunch his teeth on! :laugh

It is called hypocrisy.

You seem like a nice kid, that has a lot to learn. Sit back, take your own advice, listen to the giants like Deffeyes and Simmons, and the crusty old posters like Alan, Airdale, and Don et al that actually know what they are talking about when it comes to life experiences. This site is not about who can shout the loudest and be the most demeaning to other posters. It is about taking in a lot of different perspectives about Peak Oil, and reflecting quietly on how you personally are going to deal with it. And if you have someting ORIGINAL to say - please say it - but dont just lurk looking for the next "victim" to attack with vicious inuendo and smears.

Francois.

First of all, that comment wasn't even directed at WT, so right off the bat your opinion can be considered completely out of whack! :laughs:

Second, I quoted Prof. Deffeyes. Those were his words, written on his blog, following his admissions at market manipulation. I'm laughing at the irony of it all. I'm sure you're probably attaching an emotional reaction because you feel bad at being so blind.

However, there IS a difference between both cases. On the one hand, I was referring to how someone tries to add an EMOTIONAL element to a scientific debate, on the other, I am laughing at someones OPINIONS whose hands have been found caught in the cookie jar.

Notice the disconnect you are obviously experiencing between SCIENTIFIC DEBATES and OPINIONS. If anyone is being hypocritical, its you!

And I don't need to 'prove' anything to anyone. Prof. Deffeyes, in his OWN WORDS described how he advised several hedge funds on peak oil, and about how one particular hedge fund in Japan 'made a hell of a lot of money' on his advice. Further more, he explicitly states that his own investments 'a la 'non-sucker bets'' made him a very wealthy man 'on paper', and that he was grinding, gritting and crunching his teeth at the recent spot oil decline.

How on gods green earth could you possibly try to defend this man? No human being is above reproach. It's truly sad that his acknowledgment of the sucker-punch he made on the rest of the world is ignored by this community. Someone should hold him accountable.

It's going to only get worse over the next few years after we reach a new production maximum every few months :laughs:

Dear Hothgor,
Allthough you get a lot of nasty remarks here on TOD, you must understand that you are of great value to the Peak Oil comunity. I'll explain why:

You represent how the most people on the planet are. People that live in an isolated cognitive environment that have the following live credo:
"I don't care about facts and science, I mainly form my opinion on feeling and popular bits of info that the mainstream media feed me".

So your reasoning about and your reactions to the peak-oil phenomana represent the reactions most people will have. And it is important to know how those people react.

So thank you for posting! Keep it up please!!
We need to know....

Roger from the Netherlands

You seem to have selected particular labels to fit me that do not necessarily reflect my opinions as a whole. And while I appreciate your obvious humor and sarcasm, I have to point out that I have stated on numerous occasions that I believe in Peak Oil, that I believe that at some point oil production must peak and then decline forever, and that our present way of life is unsustainable.

My main objective however is to point out to people that a world without FFs doesn't require us to revert back to a pre-industrial agrarian aristocracy. I've tried my best to emphasize electrification of our transportation, though unlike Alan I think our needs can best be served by electrifying cars in the medium term. In addition to that, one of my majors in College was a study on improving efficiencies in a work environment and various systems.

With that said, our use of energy world wise is grossly wasteful. The idea of building our modern economy on the ICE which utilizes less then 15% of the energy content of oil is, to put it mildly, idiotic. The uses of various hydrocarbons are far to numerous to waste burning in a machine that has over 600 moving parts built by the lowest bidder in some third world country.

To that end, however, I can not stand people who proudly proclaim that the end is near and that we must experience some form of grand hardship. Our lifestyle does not warrant some kind of divine punishment. The old adage that no good deed goes unpunished should have no sway in our future.

Unfortunately, people do not like to be criticized on their misguided beliefs. And they certainly don't appreciate anyone attacking their self serving 'prophet'.

Dear Hothgor,

That is interesting. When do you think peak oil will happen?
And what do you think decline rates in production and export will be?

I think you are right about the potentials of conserving and wiser energy usage.
My own experience is that it is quite easy to cut ones energy expendure by 20% without any real sacrifices at all. Quite a nice experiment to do I can tell you.
Ofcourse the Jeverson paradox is messing things up here ;-)

Roger from the Netherlands

Around 2015

Around 2-3%

I look at total liquids, individual declines will be greater obviously.

Decline rates in conventional oil are in modernized oil fields between 8 and 15 %.
Where will all the compensating extra oil comming from? Oilsands? Bio?

How about new fields? Do you think the oil companies of the world are going to stop developing new fields when we peak? New fields are continually coming online to offset the decline of existing fields. One day they won't be quite enough to offset the decline and we'll start to see a slow decline in production.

New fields are continually coming online to offset the decline of existing fields.

News flash.
Discovery of your so-called "new fields" peaked 40 years ago, in the 1960's. (Welcome to TOD --trust, but villify)

Ener Ji's point was that to maintain the 40-yr R/P ratio, the field decline rate matters not if discoveries and reserve growth keep pace. Your graph is disingenuous i.e. it fails to reflect that the magnitude of Reserve Growth has allowed new discoveries to slide.

Based on 18 recognized estimates, URR (including Discoveries & Reserve Growth) has grown 140-Gb/yr since Y2k as compared to the 48-Gb/yr fifty year average. This is despite the fact that we consume 31-Gb/yr. To what end would an R/P ratio of 50 yrs or 60 yrs serve? The marketplace says "none".

The last year that the URR AVG actually decreased was 5-GB in 1994. The last year that Remaining Reserves AVG declined was 9-Gb in 1998.

There is no doubt that URR is increasing due to economic factors. The rate of growth in the next two decades may be correlated to Pricing.


please click link to see whole graph: http://trendlines.ca/TrendlinesPeakOilURREstimatesGraph70106.gif

"Reserves"?

That's the best that you can pull out of your bag of shill's tricks, Freddy?

Come on, we already know about that tired old numbers game.

Yes, I'll grant you that we grow the "Reserves" number to any large value we want simply by counting up the hydrocarbons on Jupiter, Neptune and the moons of Endore.

As a matter of fact we can arbitrarily double the "Reserves" count for East Texas.

This scary, but I'm going to do it.

Watch this:

I hereby declare that the "Reserves" numbers for East Texas are now double of what they were yesterday.

Wow.
Even I'm surprised. Jeffrey of Westexas just called me. Seems production in Texas went up 100% just seconds after I proclaimed that its Reserve numbers are hereby doubled. They can't believe it but it's true. Oil production doubled overnight in Texas. It was that simple. All I had to do was utter magic words.

"Reserves".

Them are powerful words.

It is unfortunate that the concept of Reserve Growth as explained by many at TOD has escaped u thus far. Perhaps a basic tutorial at Wikipedia would assist u in that regards. It continues to amaze us how folks like yourself presume that we use the same oil three times and don't have to replenish. Stick in there, eh...

New field discovery may have peaked but they are still being discovered, and old fields that were not put into production because there was lower hanging fruit will continue to be put into production especially as the price of oil rises. Therefore yes, new field production will continue to partially offset the decline of production post peak and diminish the rate of decline.

The only recognized modeler to incorporate aggressive decline rates was Chris Skrebowski's Megaprojects with its 3% to 7% progressive rate. But upon review and the realities of exhausting 1.2-Tb of Reserves over the next hundred years, he prudently revised his Decline Rate to 2.5% in December. To seek the average Post Peak Net Decline Rate, one must average the declining fields with the hundreds of undeveloped fields.

Like Colin Campbell, Chris has decided to put integrity of data and good science ahead being "ambassadors" of the Peak Oil message of immenency. They understand that being forthright and credible is the foundation for being heard.

Hothgor-
If he didn't make them money, they probably wouldn't invite him back...

The problem is that he is using his influence and political clout to adversely affect the market in ways that they were trending against. He and disguise his motives by saying hes doing it for the benefit of mankind, but he most likely had access to information that the rest of us did not and profited from that knowledge by investing in oil options before the same hedge funds he advised did so.

The sad thing is you guys keep throwing money at the 'prophet'. What has he done for you in return??

I think I've clicked on 2 ads on TOD. Does that count as giving money to the prophet?

Re: It's going to only get worse over the next few years after we reach a new production maximum every few months :laughs:

Normally, I wouldn't bother with you, Hothgar. But I am in the mood to settle your hash here and now.

Since you bring little of substance to our discussion here on The Oil Drum, and insofar as you are a constant disruptive presence here, there has been some speculation as to whether you are a paid troll. I myself have hoped this was true sometimes, for if you are doing this because you enjoy it, only psychiatric intervention would have any hope at all of making a difference in your life. Should you go that route on your own, follow the meds instructions of the doctor faithfully. Don't get discouraged if the first ones you try don't work. Perhaps the magic bullet will come your way. On the other hand, if you are paid to do this work, your moral situation is hopeless and, as a human being, you have failed to comprehend the first thing about life that really matters — the idea that we are all in this together. Still, at least your behaviour would be understandable in some rudimentary way.

Now, the people who run this website are good people, fair people, the kind of people who will bend over backwards not to stifle debate. If it were up to me, your sorry ass would have been tossed a long time ago. I am not of the same good quality of the powers that be around here. Thank God for their restraint.

My advice to you — in the context I have stated here — is to take a good look at yourself, at who you are, and then think about the better person you might become. I look forward to the day when you are able to do that.

adieu,

Dave

Believe me, I will keep your comments in mind.

Now, what will you do if what I said is true and we do start setting new production heights?

I am perfectly willing to be wrong but, alas, can find no convincing arguments that I am. But, I have not specified a timeframe, have I?

What would I do if were wrong about peak oil? Happening in 2005? 2007? 2010? 2015? 2020? The last date is a scant 13 years from now. That's not a long time away. Any of those dates signal a significant problem for mankind. You see the meaninglessness of your question, I presume. It's coming, though I tend to think sooner rather than later.

Yes, please bear in mind what I said.

Now, what will you do if what I said is true and we do start setting new production heights?

Rejoice and cry --both at the same time.
Rejoice because Peak is not yet.
Cry because we continue to pump toxic pollutants into the air with no end in sight.

Hothgor.

I dont agree with you, but you are putting up one hell of a spirited defence of your initial attacking position :-)

due you have any ancestors located at any of the following?

The 44th Foot on the retreat from Kabul.
Greasy Grass
Rorkes Drift
Spion Kop

Keep it up Hothgor! Roger is right, you are a pretty good benchmark example of the Man on the Clapham Omnibus.

Sorry, should read do you, not due you.

Was on the phone about a nixed crew change.

I don't think Hothgor is a twentysomething from small town Texas as some have portrayed him. I'm around young twentysomethings all the time as a college teacher, and this is not how they write (speak).

Thats because most twentysomthings are obsessed with 24, iPods, and a fixation on 'conquests' instead of worrying about the future that they will inherit.

i think hotgor is a dual cyberperson, the alternate user name of someone rather familiar at tod. isnt there a good linguist in the house that can bust the sucker ?

I'm no linguist but it seems to me that Hothgor frequently writes "then" instead of "than", like in

...it was certainly possible that their HL show their Qt to be more then 50%...

See second Hothgor's post in http://www.theoildrum.com/story/2006/12/19/8553/6333#44
I did not see the same common mistake in other user's comments.

No, he thinks I am Hothgar. He actually suggested this in Sunday's Drumbeat:

http://www.theoildrum.com/node/2201#comment-150748

The fact that nobody responded to such a wild suggestion should have clued him in that he was barking up the wrong tree. I started to respond, but defending myself all the time gets tiresome. So, I let it slide. But elwood, who I actually think is OilCEO :-), is quite out in left field on that one. After all, does it make sense that I would go to so much trouble to disclose who I am and what I do, and then risk everything by using a sock puppet? Do you think the site owners can't track IP addresses? Look back when Hothgar first started posting and you will see that we butted heads more than a few times. I know, I know. Probably just to cover myself. I will never understand what get's into some people's heads.

Elwood, don't ever try to convince anyone you would make any kind of detective. Your sleuthing skills stink.

and cant the site owners track the ip address of oilceo ? and furthermore, cant one dualcyberperson have more than 1 IP address ?and dont ever convince anyone you are a logical thinker because your logic: highly stinko

and cant the site owners track the ip address of oilceo ?

I see that your sarcasm detector is broken.

and furthermore, cant one dualcyberperson have more than 1 IP address ?

So you still think you are onto something, eh Sherlock? Well, knock yourself out with this theory. See if you can get anyone else to agree with you.

and dont ever convince anyone you are a logical thinker because your logic: highly stinko

Yet I am not the one that thinks one of the TOD Staff Members - who posts under his real name and tries to always provide full disclosure - has a sock puppet. Again, knock yourself out. Don't expect to get much support for that idea, and don't be surprised if people laugh at you. Also, don't expect Scotland Yard to call.

now robert, aren't you the one who gets so offended at others misinterpreting your position: "no, he thinks, i am hothgor" and "yet. i am not the one that thinks........"
maybe you should go back an re read the posts and view them from a logical (not emotional) perspective.
..... and arent you the one so offended at "ad homennem" attacks ?
imo, if you could learn to recognize and admit when you are wrong you wouldnt be constantly "defending yourself".
making a move to a new job, new home and "across the pond" is no doubt stressful so dont you owe it to yourself, your family and your employer to................CHILL OUT !

Hothgor, from his writing, is male, went to school in the US, is a native English speaker, most likely is in college or has a college degree (high or low).

He has done some writing in his life. The writing might be only college type essays and posts on the internet, or it might be more, but not professionally at a high level. His written language is very standard and very clear, particularly in his choice of vocabulary. (with mistakes etc. due to haste)

Some of it does have a ‘young’ or ‘college’ air, where the balance between formality and ‘fancy’ or ‘written’ (read useless) forms, and the message, is not well handled:

You seem to have selected particular labels to fit me that do not necessarily reflect my opinions as a whole.

The old adage that no good deed goes unpunished should have no sway in our future.

I won’t detail the college-like aspects of that, readers can feel it.

Rapier would never produce such sentences.

His age: under 38 though I feel 38 is pushing it. The content is another matter, that sounds very young.
Well a lot of attention is being paid to him! I should stop. Stop.

noisette, are you a linguist ?
"why do you feel the need to misrepresent my statements "?

the words of an experienced technical writer or a missunderstood 30 something ?

Man, I really need to start working on that! :laughs: English was never my strong point in school either.

It's called market manipulation.

"Market" manipulation in the oil industry!!! I'm shocked, shocked!!!

Just what color is the sky where you live my friend?

This dribble should speak for itself

Thank you. It usually does.

So how DO you go about picking your targets? First WT, then Deffeyes...

I think you have some important things to say, Point me to your Website, and the Technical papers and books you have written.

Or are they proprietary to your sponsors?

Hello Samsara,

I think you have some important things to say, Point me to your Website, and the Technical papers and books you have written.

All of this anger and hatred directed at Hothgor is absolutely inappopriate. While doubts still remain about Peak Oil skepticism and criticism are both justified and healthy. Attacking unbelievers, on the other hand, is merely a display of near-religious faith combined with the intolerance which manifests weakness.

Too many people involved in the Peak Oil movement have their hands in the oil industry's cookie jar. Objectivity is impossible for those who have their wealth and retirement depending upon the success and obscene profits of these Earth-destroying industries.

I dont think that last paragraph is fair comment.

Yes, some on this site work in the Oil patch.

Yes, many have probably made some kind of reasonable life in it.

No, the people posting on this site are not looking at wealth and retirement due to the obscene profits of these earth-destroying industries. A lot are just trying to get by and compensate for the losses they took in the 80's and 90's.

Some little factlets for you:

I joined in 1982 as a sprog-mudlogger. From 1986 to well , last year, the lucrative oil patch was it actual recession for 17 out of those 20 years.

I have seen careers destroyed, marriages destroyed, houses reposessed, suicides.

I have seen brilliant engineers and earth scientists cut off at the knees in periods of 'right-sizing' and 'down sizing'.

Many if not most, never came back.

I have seen half a generation of these dedicated and inventive people cut out of the industry and now no longer available to it.

We are paying dearly in missing skill sets right now.

A lot of us are bemused, slightly grumpy old men wondering where the next bank of talent is coming from to keep this 'obscenely profitable earth destroying industry' on the road.

If you want to make obscene profits during this last 25 years, then you should look to:

1.Internet Pornography.
2.Mangement Consultancies (basically same as 1)
3.Lawyers.(Same as 1 and 2)
4.Globalist Economists (same as 1, 2, 3)
5.Drug Barons (most money obtained by supplying 1, 2, 3, and possibly 4)
6. Breast enhancement surgeons (vital for 1, and the wives of 2, 3, 5 and quite possibly 4 and , I am sure 6 - as adverts).

Some very decent, ordinary joe-soaps work in this industry.

Some come to this site because they know what is round the corner.

We know, because we work at the 'coal face' and we know we are running out.

BTW:

Do you do any of the following?

Drive a car.
Sit at a plastic encased consol, key pad, on a synthetically covered and upholstered chair
Eat food not locally grown
Drink Water, Coke, Juice out of a carton or plastic bottle.
Buy Chinese jew-jaws, doo-hickeys or toys.
Live more than 20 minutes walking distance from work (I have to, I cannot afford the prices).

We are all part of the same damn problem. To a greater or lesser degree.

Unless you are a bushman in the Kalahari.

Unlikely: You are typing at a computer that took about 6bbls of earth-destroying oil to create.

Hello mudlogger,

Yes, some on this site work in the Oil patch.

Thanks for saying so, Mudlogger, I always suspected that this is the case.

No, the people posting on this site are not looking at wealth and retirement due to the obscene profits of these earth-destroying industries. A lot are just trying to get by and compensate for the losses they took in the 80's and 90's.

From my reading of the posts and discussions here I cannot perceive anyone just getting by or attempting to recover from losses incurred over a decade ago. There's a whole lot of money in the oil industry and plenty of people here spend a lot of time counting their money and dreaming of obscene profits approaching in the post-peak future.

And I do have to say: Any money earned in the business of destroying the Earth is blood money. The oil industry is making a mess of the Earth. Contrary to all of the glorious promises of the past century, the 21st century world is filled with pollution, destruction, exploitation, oppression, and bloody warfare because of the accursed substance.

Although the people here allegedly know the consequences of Peak Oil (you know, billions of impoverished people dying) they still can hardly contain their greedy dreams of collecting huge profits over the next several decades because of their oil investments and trading oil futures contracts. Isn't that just obscene?

I have a moral, ethical, humanitarian and environmental objections to this sort of vile behavior.
Don't you?

A lot of us are bemused, slightly grumpy old men wondering where the next bank of talent is coming from to keep this 'obscenely profitable earth destroying industry' on the road.

I hope that the next bank of talent never shows up because the obscene profitable industry is succeeding too well at making a sewer of the Earth. What is the value of a living planet? Would you say that a living planet is more valuable than the American Way of Life?

Do you do any of the following?

Drive a car.
Sit at a plastic encased consol, key pad, on a synthetically covered and upholstered chair
Eat food not locally grown
Drink Water, Coke, Juice out of a carton or plastic bottle.
Buy Chinese jew-jaws, doo-hickeys or toys.
Live more than 20 minutes walking distance from work (I have to, I cannot afford the prices).

I know, I know: The oil addicts are not allowed to criticize their drug-dealers.

I do all of these things but the American civilization prevents me from doing otherwise. There was a non-consumer exclusively-solar-powered civilization which formerly inhabited this land: America eradicated that culture and fought a genocidal war against it until its members were driven deep into the Everglades where a small number survived into America began directing its military aggression and bloody warfare elsewhere.

I mourn every day for what was lost because America has transformed this land into a desolate, lifeless, polluted wasteland incompatible with any sort of life except for mindless consumption and oil addiction and all the other addictions which Americans use to escape the dreary hell of soulless technological life.

David Mathews
http://www.geocities.com/dmathew1

I do all of these things but the American civilization prevents me from doing otherwise.

This reveals you as an incredible hypocrite dmathew1. Why should any of us listen to you at all?

Omg, you are still feeding this idiotic troll?

Any money earned in the business of destroying the Earth is blood money. d mathew wrote.

And Mudlogger gave us a grand list of industries ‘making obscene profits’, in contrast to the oil industry, starting with Internet pornography, quite right.

The arms merchants, or the military-industrial complex, have been forgotten. Surely they should be the first designated culprits?

Hello Hothgor,

Yes, I'm sure congratulations are in order to Prof. Deffeyes, as he has probably made a LOT of hedge funds in Asia AND the US make 'a hell of a lot of money." Not only that, he practically ADMITS that he makes the rounds to various financial firms 'informing' them of the peak oil problem!

Professor Deffeyes isn't a hero. For that matter, Matt Simmons isn't a hero either. These individuals have profited from the ongoing crime against humanity which is the global oil industry and they still lobby on behalf of these same oil corporations. The most revealing behavior of Matt Simmons, for example, was his advocacy of ANWR drilling and drilling off of Florida's Gulf Coast.

How many people at The Oil Drum are involved in the oil industry? There are plenty of people here who proudly speak of their wealth invested in oil stocks or oil futures. Plenty of posters here are also employed by oil corporations. In particular, Robert Rapier is both employed by oil corporations and he was involved in political lobbying regarding legislation which could potentially have harmed oil corporations' profit in Texas.

For that reason I reached the conclusion a long time ago:

The Oil Drum is Peak Oil from the standpoint of the oil corporations.

A healthy dose of skepticism is appropriate in such an environment. The oil industry is not well know for its honesty nor its integrity nor for its humanitarianism.

But Oil will peak and humans (especially obese Americans) will have no choice except to live without the accursed substance. Too bad for the Earth that there was so much. Too bad, also, for all those future generations of humankind who will inherit a desolate hellish planet because of the pollution and ecological destruction inflicted by the fossil fuel industries.

Peak Oil is a blessing. The sooner it occurs, the better. I would love to believe that it occurred in 2005 but doubts still remain.

David Mathews
http://www.geocities.com/dmathew1

Re: The Oil Drum is Peak Oil from the standpoint of the oil corporations.

A healthy dose of skepticism is appropriate in such an environment. The oil industry is not well know for its honesty nor its integrity nor for its humanitarianism....

I have no affiliation with the oil industry. Neither do almost all staff. But that issue is a red herring.

I resent your bogus association. After years of working on environmental, extinction & climate change problems and now peak oil — which as Chris' post from the other day made clear, are closely related — I am now tarred with the same brush of some (like ExxonMobil) whose policies I have opposed for a very long time.

Further, this is from your own website:

May the Day Come When All the People of the World Choose to Live in Peace with God, Nature and Humankind. Until That day Comes I Choose to Live at Peace with All and Refuse to Hate Anyone.
Aside from the fact that what you said is false, there's a lot of spewing and hate in what you said. You, sir, are a hypocrite and a liar. There's more hate in your heart than anything else, at least there was when you wrote your comment. Speaking of God —
Why do you notice the sliver in your friend's eye, but overlook the timber in your own? How can you say to your friend, "Friend, let me get the sliver in your eye," when you don't notice the timber in your own? You phony, first take the timber out of your own eye, and then you'll see well enough to remove the sliver in your friend's eye.

Luke, 6:40

You know nothing of God or Peace. Or Peak Oil, for that matter. There is no place in this discussion for people who make remarks like yours above. No place. None at all.

Hello David Cohen,

I have no affiliation with the oil industry. Neither do almost all staff. But that issue is a red herring.

I did not claim that everybody at The Oil Drum is associated with the oil industry. But there are plenty. There are also plenty of people who claim to trade oil futures and possess investments in oil-industry related companies. Aside from these, all of the great lights of the Peak Oil movement (Matthew Simmons, Professor Deffeyes, etc.) have made millions of dollars in the oil industry.

I resent your bogus association. After years of working on environmental, extinction & climate change problems and now peak oil — which as Chris' post from the other day made clear, are closely related — I am now tarred with the same brush of some (like ExxonMobil) whose policies I have opposed for a very long time.

If you are an environmentalist, David Cohen, that's great. You must be pretty lonely here, though, since the overwhelming majority of posters here explicitly advocate despoiling the last remaining vestiges of the Earth for the sake the last remaining drops of oil.

Aside from the fact that what you said is false, there's a lot of spewing and hate in what you said. You, sir, are a hypocrite and a liar. There's more hate in your heart than anything else, at least there was when you wrote your comment. Speaking of God —

If The Oil Drum was a theological forum, I'd engage in a theological argument with you about the above claims and accusations. Since the Oil Drum is an oil & technology forum, I'll have to let this part of our argument go.

You know nothing of God or Peace. Or Peak Oil, for that matter. There is no place in this discussion for people who make remarks like yours above. No place. None at all.

You tend to get a little emotional in your arguments, don't you?

David Mathews
http://www.geocities.com/dmathew1

If you are an environmentalist, David Cohen, that's great. You must be pretty lonely here, though, since the overwhelming majority of posters here explicitly advocate despoiling the last remaining vestiges of the Earth for the sake the last remaining drops of oil.

My gosh man, can you possibly be serious? You say that you have read TOD for a year now, and this is what you believe? You have really blown any semblance of credibility. That is definitely the clueless statement of the day.

Look back at my gas tax story and see how many people here would be willing to pay very high gas taxes to cut our use of oil. The number was high. IMO the vast majority of people who post here are environmentalists.

My gosh man, can you possibly be serious? You say that you have read TOD for a year now, and this is what you believe? You have really blown any semblance of credibility. That is definitely the clueless statement of the day.

Look back at my gas tax story and see how many people here would be willing to pay very high gas taxes to cut our use of oil. The number was high. IMO the vast majority of people who post here are environmentalists.

Oh my, how could I have possibly made such a serious credibility-destroying mistake?

Somehow, though, I kind of suspect that environmentalists would never congregate at a website titled The Oil Drum. Well, I am glad that you have corrected my error.

If The Oil Drum is an environmentalists website, God help us all!

David Mathews
http://www.geocities.com/dmathew1

David, why do you post here If you seem find everyone on this site so repulsive, especially the main contributors?

Somehow, though, I kind of suspect that environmentalists would never congregate at a website titled The Oil Drum. Well, I am glad that you have corrected my error.

You are literally destroying any credibility that people might have been willing to afford you. I mean, nobody who actually reads TOD can come to the bizarre conclusions you have reached. Here you come and make a lot of noise about the lack of discourse, and you have the nerve to jump in with a lot of garbage posts that demonstrate you really don't know the most basic things about this site. Give it a rest, man. Whether you understand it or not, you have seriously damaged your credibility with the statements you have made.

Well. You have mananged to piss off the two senior contributors on the The Oil Drum. Are you happy now?

I brought up God because you did, on your website. I quoted Luke's gospel. You niftily avoided that. I'm not even a Christian, I don't believe that Christ arose from dead and visited us as God's Son to save us. I seek useful statements wherever I find them.

But, really, the problem is that you are insane. Any other kinds of arguments with you would miss that important, all-encompassing point.

It is truly unfortunate that in a public forum like this, anyone who knows how to type, no matter what their state of mind, can make comments. You are, unhappily, an exemplary case in point.

Sometimes I feel like throwing in the towel, saying "screw it", it's not worth it to write for a website where people like you can just make up any damn thing you please. Well, you don't win today, now or ever. I will continue to write on these issues because that is what is necessary to do.

I feel sorry for you. Life must be a daily Hell for you. It's a pity, really, and so sad — these manifestations of the human condition.

Finally, you said I get "emotional". Yes, I do. I did not ask to be born onto a planet that has more than its fair share of people like you. I did not ask for any of it. It was all just handed to me. Sometimes, I don't leave the house. You've just reminded me why that is.

Well. You have mananged to piss off the two senior contributors on the The Oil Drum. Are you happy now?

Your emotions are of no concern to me.

I brought up God because you did, on your website. I quoted Luke's gospel. You niftily avoided that. I'm not even a Christian, I don't believe that Christ arose from dead and visited us as God's Son to save us. I seek useful statements wherever I find them.

What you believe or do not believe is your concern, not mine.

But, really, the problem is that you are insane. Any other kinds of arguments with you would miss that important, all-encompassing point.

You are entitled to your own opinions, sir.

It is truly unfortunate that in a public forum like this, anyone who knows how to type, no matter what their state of mind, can make comments. You are, unhappily, an exemplary case in point.

Freedom of speech is a terrible thing. Americans hate freedom of speech. It sort of interferes with each individaul's personal propaganda.

Sometimes I feel like throwing in the towel, saying "screw it", it's not worth it to write for a website where people like you can just make up any damn thing you please. Well, you don't win today, now or ever. I will continue to write on these issues because that is what is necessary to do.

You need not "throw in the towel". But you probably should take a vacation and calm down.

I feel sorry for you. Life must be a daily Hell for you. It's a pity, really, and so sad — these manifestations of the human condition.

Thanks, David, for your concern. You are an exemplary person. I admire you.

Finally, you said I get "emotional". Yes, I do. I did not ask to be born onto a planet that has more than its fair share of people like you. I did not ask for any of it. It was all just handed to me. Sometimes, I don't leave the house. You've just reminded me why that is.

Life is unfair, David. The Universe doesn't exists for your sake.

But you are speaking a tragic truth when you say: "Sometimes, I don't leave the house."

Now, I have a little advice for you: Get out of the house more. You need some fresh air and a new perspective. You also need to calm down and find some happiness in life.

That's my advice to you, David Cohen. Try it out. You will thank me later.

David Mathews
http://www.geocities.com/dmathew1

In particular, Robert Rapier is both employed by oil corporations and he was involved in political lobbying regarding legislation which could potentially have harmed oil corporations' profit in Texas.

That last portion is incorrect. I testified at the Montana state legislature against a proposed ethanol mandate for this state. During my testimony, which one can easily Google, I proposed that Montana would be better served investing that money into wind, because we have a very high wind potential, but would have to import lots of corn to produce ethanol. Had I not firmly believed that grain ethanol policy is a dead-end, I would not have agreed to testify. In addition, I have frequently taken positions that would harm oil company's profits (higher gas taxes, lower speed limit, higher CAFE standards).

Lots of people here know, both through my posts and from lots of e-mail discussions (and face to face discussions with a few posters) that I do not believe a fossil fuel economy is something we should strive to preserve. The only problem is that there isn't a painless way to transition away from it, so the measures that we need to take aren't being taken.

For that reason I reached the conclusion a long time ago:

The Oil Drum is Peak Oil from the standpoint of the oil corporations.

Then you are spectacularly misinformed. I know that the world is made up of all types of people with all kinds of opinions, but it is very hard for me to see how anyone who regularly reads TOD can come to such a conclusion.

Hello Robert Rapier,

That last portion is incorrect. I testified at the Montana state legislature against a proposed ethanol mandate for this state. During my testimony, which one can easily Google, I proposed that Montana would be better served investing that money into wind, because we have a very high wind potential, but would have to import lots of corn to produce ethanol. Had I not firmly believed that grain ethanol policy is a dead-end, I would not have agreed to testify. In addition, I have frequently taken positions that would harm oil company's profits (higher gas taxes, lower speed limit, higher CAFE standards).

You also lobbied against a California amendment (which happened to fail) prior to last years' elections, right? I distinctly remember you investing a great amount of effort in pursuit of that goal.

Mr. Rapier, are you employed in the oil industry? Do you have investments in the oil industry? Do you trade in oil futures? These are the sorts of disclosures that I would need in order to judge the merits of your views within their proper context.

I am almost certain that you are not an environmentalist. Am I correct about that much?

Lots of people here know, both through my posts and from lots of e-mail discussions (and face to face discussions with a few posters) that I do not believe a fossil fuel economy is something we should strive to preserve. The only problem is that there isn't a painless way to transition away from it, so the measures that we need to take aren't being taken.

I have read your posts, Mr. Rapier, and have reached an entirely different conclusion. I wonder why? Oh well, I have never claimed any sort of perfection. Maybe I have you confused with someone else who posts regularly at The Oil Drum.

Then you are spectacularly misinformed. I know that the world is made up of all types of people with all kinds of opinions, but it is very hard for me to see how anyone who regularly reads TOD can come to such a conclusion.

Well, here is a real mystery: I regularly read The Oil Drum and have done so for a very long time. How is it that I reached the above conclusion?

Would you like to venture a guess as to how I came to reach the above conclusion? What could someone have done or said on The Oil Drum which would provoke a regular reader of this website to reach such a conclusion?

You also lobbied against a California amendment (which happened to fail) prior to last years' elections, right? I distinctly remember you investing a great amount of effort in pursuit of that goal.

So, it was Texas, but now it's California? You can't even get basic facts right. Why is anyone supposed to take you seriously?

I wrote essays explaining what would happen if the measure passed. I was actually ambivalent about passage. If it had passed, I think it would have raised gas prices, which would have meant more conservation. My beef was with the way it was being marketed. I never argued against the measure. I said I thought it was a bad idea, and I defended against some incorrect and misleading information. But I am actually friends with one of the people who helped draft the measure. She certainly realized that I had no ulterior motives.

Mr. Rapier, are you employed in the oil industry? Do you have investments in the oil industry? Do you trade in oil futures? These are the sorts of disclosures that I would need in order to judge the merits of your views within their proper context.

So you need to certain disclosures before you can judge the merits of my views? How’s that? If I make argument X, does that argument suddenly change if I change employers? The merits of my arguments stand regardless of whom I work for. Yes, I work for the oil industry. I have stock through my company 401K. I do not trade oil futures. And I have been completely open at all times about these issues. And I have consistently argued that we need to reduce our usage of fossil fuels. But I won’t ask you if you are somehow financially involved with the ethanol industry before I will address your arguments. That would be a bit of an ad hominem fallacy, don’t you think?

I am almost certain that you are not an environmentalist. Am I correct about that much?

Your lack of credibility is showing. My energy use per capita is a fraction of the average American’s. That is no accident. I have spent years of my life working on alternative energy. I have preached conservation, solar and wind power, higher gas taxes, etc. Check my list of stories. And you expect anyone here to believe that you are a regular reader? If you were, you wouldn’t have to ask whether I am an environmentalist.

I have read your posts, Mr. Rapier, and have reached an entirely different conclusion. I wonder why?

Given your incredibly wrong statements so far, I would say that the reason you reached that conclusion lies within you. You have reached the conclusion you chose to reach, and not the one supported by the evidence.

Well, here is a real mystery: I regularly read The Oil Drum and have done so for a very long time. How is it that I reached the above conclusion?

Again, look in the mirror and ask yourself why you would come to spectacularly incorrect conclusions. I can’t answer that for you. Perhaps it’s a comprehension problem. Perhaps you are not a native English speaker. Perhaps you have an agenda and just wish to spread misinformation. You will have to answer that question yourself.

So, it was Texas, but now it's California? You can't even get basic facts right. Why is anyone supposed to take you seriously?

Yes, it was California. I'm going on memory and that is why I misplaced the location of your lobbying effort.

I wrote essays explaining what would happen if the measure passed. I was actually ambivalent about passage. If it had passed, I think it would have raised gas prices, which would have meant more conservation. My beef was with the way it was being marketed. I never argued against the measure. I said I thought it was a bad idea, and I defended against some incorrect and misleading information. But I am actually friends with one of the people who helped draft the measure. She certainly realized that I had no ulterior motives.

If you say so ...

So you need to certain disclosures before you can judge the merits of my views? How’s that? If I make argument X, does that argument suddenly change if I change employers? The merits of my arguments stand regardless of whom I work for. Yes, I work for the oil industry. I have stock through my company 401K. I do not trade oil futures. And I have been completely open at all times about these issues. And I have consistently argued that we need to reduce our usage of fossil fuels. But I won’t ask you if you are somehow financially involved with the ethanol industry before I will address your arguments. That would be a bit of an ad hominem fallacy, don’t you think?

Well, an environmentalist employed by the oil industry. Ahem ... oh my, what can I say?

Eh ... are there a whole lot of environmentalists employed by the oil industry? The oil industry is well know for how well it takes care of the environment.

And ... how is it that a person employed by the oil industry has such a prominent place and role at The Oil Drum?

The ethanol industry? Hate to burst your bubble, Robert, but all of your critics don't come from the ethanol industry. I hate ethanol as much as I hate oil. I am an environmentalists. I am looking forward to the end of all these artificial things so that the natural things can reassert themselves and restore the Earth to its original pristine condition which existed prior to the apocalypse which has occurred over the last ten thousand years.

Your lack of credibility is showing. My energy use per capita is a fraction of the average American’s. That is no accident. I have spent years of my life working on alternative energy. I have preached conservation, solar and wind power, higher gas taxes, etc. Check my list of stories. And you expect anyone here to believe that you are a regular reader? If you were, you wouldn’t have to ask whether I am an environmentalist.

I don't buy this propaganda, Robert. You are employed by the oil industry. You aren't an environmentalist.

Again, look in the mirror and ask yourself why you would come to spectacularly incorrect conclusions. I can’t answer that for you. Perhaps it’s a comprehension problem. Perhaps you are not a native English speaker. Perhaps you have an agenda and just wish to spread misinformation. You will have to answer that question yourself.

Given the level of intellectual discourse on The Oil Drum, I don't imagine that any sort of comprehension problem. What I think, Robert, is that you have an agenda of your own which is intimately associated with the source of your income and your career.

Any person employed by the oil industry who takes such a vocal role on behalf of the oil industry cannot speak objectively about matters related to the oil industry, peak oil, ethanol, government policy or the environment.

Please note, I am by no means accusing you of *lying* nor of *misrepresenting yourself* (since you have revealed yourself pretty well over the last year or so). But you are acting essentially as a *spokeman* for the oil industry and therefore all of your advocacy and conclusions must fall within the same realm of skepticism which is applied to any statement coming from the oil industry.

The oil industry does not have an excellent reputation in regard to its honesty, integrity, humanitarianism or environmentalism. Robert Rapier, you are the oil industry. Why should I trust you or your conclusions?

Who else at The Oil Drum is employed by and/or invested in the oil industry? Full disclosure, please, for the sake of integrity.

David Mathews
http://www.geocities.com/dmathew1

I'm going on memory and that is why I misplaced the location of your lobbying effort.

Yeah, that may be part of the problem.

Well, an environmentalist employed by the oil industry. Ahem ... oh my, what can I say?

It is hard to believe that people as clueless as you exist. Oil companies have entire departments of environmental people, you know. I have a long, public track record demonstrating my environmentalism. Yet you, some random jerk-off, come on here and start insulting people whose environmental actions would put yours to shame. I will certainly put my environmental footprint up against yours any day of the week. I mean, you are one of those hypocrites who complains and complains about the oil industry and yet still uses our products. Right? You use gasoline and plastics, don’t you? Freaking clueless hypocrite. And then come on here and demonstrate that you are wrong about even the most basic facts.

Hate to burst your bubble, Robert, but all of your critics don't come from the ethanol industry.

No, some clearly come straight from the loony bin.

I am an environmentalists.

Prove it. I have a long record to demonstrate it. Prove yourself.

I don't buy this propaganda, Robert. You are employed by the oil industry. You aren't an environmentalist.

You use gasoline and plastics. You aren’t an environmentalist. Right? Only a hypocrite would do so after your diatribe. You are using solar power right now, right? Lord, I hope so. If not, you are using coal-generated electricity. Again, no environmentalist could do this.

Are you for real?

Given the level of intellectual discourse on The Oil Drum..

Boy, you certainly raised the discourse.

Robert Rapier, you are the oil industry. Why should I trust you or your conclusions?

It doesn’t matter if I am the Crown Prince of Saudi Arabia. It is not me you have to trust. It is my arguments you have to address. Being an intellectual and all, you do understand the ad hominem fallacy, right? But it isn’t even clear that you disagree with any of my arguments. You are merely casting aspersions. And I could give a rat’s ass if you trust me. I simply don’t have the time or desire to continue arguing with someone so far out there. You are on my ignore list now. If you ever want to argue an actual point, please bring it up. What you have engaged in so far is a very, very low level of intellectual discourse. Just the thing you have complained about.

Who else at The Oil Drum is employed by and/or invested in the oil industry? Full disclosure, please, for the sake of integrity.

Right. So if anyone else here is employed by the oil industry, please let some guy named Dave Mathews know so he will know that you have no integrity and aren’t to be trusted. What a freaking loon.

Oil companies have entire departments of environmental people, you know. I have a long, public track record demonstrating my environmentalism.

Oh my ... give glory to God, the oil corporations love the environment!!!

Yet you, some random jerk-off, come on here and start insulting people whose environmental actions would put yours to shame.

Robert Rapier, you are the best! I admire your greatness and your vast accomplishments on behalf of the environment.

I will certainly put my environmental footprint up against yours any day of the week. I mean, you are one of those hypocrites who complains and complains about the oil industry and yet still uses our products. Right? You use gasoline and plastics, don’t you? Freaking clueless hypocrite. And then come on here and demonstrate that you are wrong about even the most basic facts.

You are an angry person, aren't you? Too angry to take seriously. Too angry to speak with integrity. How is it that such a great man as Robert Rapier has become frothing-at-the-mouth angry?

God bless you, Robert. God help you, too.

You use gasoline and plastics. You aren’t an environmentalist. Right? Only a hypocrite would do so after your diatribe. You are using solar power right now, right? Lord, I hope so. If not, you are using coal-generated electricity. Again, no environmentalist could do this.

Are you for real?

The addict cannot criticize his drug-dealer. Right, Robert the Environmentalist?

It doesn’t matter if I am the Crown Prince of Saudi Arabia. It is not me you have to trust. It is my arguments you have to address. Being an intellectual and all, you do understand the ad hominem fallacy, right? But it isn’t even clear that you disagree with any of my arguments. You are merely casting aspersions. And I could give a rat’s ass if you trust me. I simply don’t have the time or desire to continue arguing with someone so far out there. You are on my ignore list now. If you ever want to argue an actual point, please bring it up. What you have engaged in so far is a very, very low level of intellectual discourse. Just the thing you have complained about.

I have no interest in getting into an argument with you, Robert Rapier the Oil Environmentalist. I would never engage in an argument with such an exalted, righteous person.

Right. So if anyone else here is employed by the oil industry, please let some guy named Dave Mathews know so he will know that you have no integrity and aren’t to be trusted. What a freaking loon.

I find your angry denouncement of this request very revealing, Mr. Rapier the Oil Environmentalist. What do you people have to hide?

Probably a whole bunch. Oh well. Shall we save the environment, Robert? Yes, let's save the environment. We will save the environment. Shall we drill in ANWR to save the environment?

Why are you participating here?

quit feeding the troll

From dmathew1's web site:

May the Day Come When All the People of the World Choose to Live in Peace with God, Nature and Humankind.
Until That day Comes I Choose to Live at Peace with All and Refuse to Hate Anyone.

The evidence suggests otherwise.

Whether or not someonee is an environmentalist, or "works for the man." (hint, most people with technical expertise do, not many mom and pop shops are hiring a lot of scientists) has little bearing on the value of their analysis. It DOES perhaps have bearing on their ability (and willingness) to carry out a task or a job, which is why Bush being an oil barron is ample disqualification for his rise to the throne, er, um, I mean presidency. So, the whole ad hominem attack route has some validity when discussing what a person will likely do in the future, or questioning the sincerity of his efforts at current endeavors, especially those that went poorly and were handled with less than sterling competence, but it has very little bearing on statements of verifiable technical fact or well reasoned analysis.

What you do want is for someone to have some reputation to put on the line, which RR does, and perhaps some reasoning skills and technical competence, which he also appears to have. Since RR isn't running for office or any other position of trust, his personal beliefs are irrelevant, as are financial motives. What he says is either supported or unsupported.

I would also like to add that I don't consider myself an environmentalist (as I'm sure anyone who read some of my posts would figure out), but this has more to do with my utter inability to find any discernable connection between "environmentalists" and people whose actions indicate that they care in the slightest for the environment, or the good of their fellow man for that matter. In any case, the labels a person chooses for himself, and those applied by or to others are little more than name calling, in most cases*. The world just isn't that simple.

* Notable exception, Democrat or Republican determines who controls the agenda in washington, which is very relevant. The most conservative Dem is "more liberal" than the most liberal Republican, because he voted to give control over to Pelosi (or Reed) rather than their (clearly more conservative) Republican counterparts. That is, in most congresses, the one and only vote that matters substantially. In that case labels matter, in the case of "environmentalist" or "technocrat" or whatever, it probably doesn't.

Speaking as one who taught logic for more than a quarter of a century, I can state with no fear of successful contradiction that you do not understand the ad hominem fallacy. An attack on a person's views because of that person's status is always a case of ad hominem fallacy.

If you attack a person's statements because they lack the credentials that might qualify somebody to make an informed statement on a topic, that attack is not necessarily fallacious; it would depend on the relevance of the credentials in question. However, attacking somebody's views because of their place of employment, gender, race, nationality, religion or other irrelevant criterion is always and everywhere fallacious.

You are the one guilty of fallacy, and by such mud slinging you discredit your own views, because if you had a good argument, why would you instead employ fallacy?

IMO, Robert now has his own "Hothgor." I suspect that Robert might be attracting some attention because of his position on ethanol.

IMO, Robert now has his own "Hothgor."

That very thought crossed my mind last night. That was pretty nasty yesterday, eh?

Robert now has his own "Hothgor."

Eh ... I strongly suspect that you people are either paranoid or are suffering from some sort of delusion of grandeur. Robert Rapier is a small fish in a small pond.

What you people are demonstrating is an absolute incapacity to endure any sort of criticism. Your ears are too sensitive for your own harsh tongues.

The Oil Drum is an oil industry website.

That much is clearly established. Anything else?

"The Oil Drum is an oil industry website. "

WAY off bud.........mostly academics and environmentalists here, many with inside knowledge of the industry though. This site is at least left of middle.

General.....Every single person on the Oil Drum or any popular board for that matter has a computer and uses electricity, lives in in an acceptable home, heated in the winter, has hot water on tap (or the means to heat it), uses mechanical transport, often a car, eats as much as he or she wants, much of it food grown far away and processed, trucked, then heated, etc. (There might be some exceptions, I am speaking generally.) Many will work for corps. or the State or whatever, and have money invested in ‘the market’ even if they don’t wish that, thru their pension funds, or tax schemes that encourage such. How are they supposed to go back to Nature?

Individual responsibility can only go so far. What does it mean to be an environmentalist today? What effect does it have?

During the Upper Paleolithic people killed bears. They used animal fat for lamps, and in some regions decimated big game to extinction. Heh. Did they have their back to nature lovers as well? History is mute. The Sumerians (when texts began..) had many recipes and rules for proper management, elaborated thru experience, of irrigation, agri, animal husbandry, building, manufacture (not to mention the economy, taxes, dowries, proper gvmt. etc.) but seemed, afaik, to have no awareness of ‘limits’, only of strictures, within their laid down practices, which were of course adjusted to what Nature did or provided. The dangers they faced in their eyes came from other people or improper unruly criminal behavior in their own community. Within the technology they had, that seems reasonable - the limits would be imponderable, acts of God, or the sharp stick of history.....

Rambling on an outdate thread! Anyway. Y'all get the drift.

Give me a break. A geologist reaches conclusions based on his understanding of the evidence, invests accordingly, and does well. That's "market manipulation"?! That's just being smart.

Yes, because we ALL know that every geologist reaches a conclusion and then proceeds to write various books, advise hedge funds, and 'make a killing' off the resulting bull run on oil options!

They locked up Martha Stewart for far less. :laughs:

Hello Hothgar,

I believe you are a bright, young man--therefore the future belongs to you much more than it does to an older codger like me or Deffeyes. Youthful vigor and intelligence constructively applied to opportunities has an infinite value.

Ranting against Deffeyes's investments is fruitless -- time will pass him by, but your generation will still be here. I suggest you take the long view and spend more time conceiving of imaginative ways to spread PO + GW Outreach to the youngsters. You, and other young adults like Savinar [AMPOD], Nate Hagens, AngryChimp, and so on, have much to do and very little time.

Creating the new paradigm, not dissension, would do much to elevate your future leadership chances. Facilitating effective Detritus Powerdown and Biosolar Powerup, promoting social norms for widespread voluntary birth controls, and averting global resource wars is the destiny of your generation--Do what you can.

Bob Shaw in Phx,Az Are Humans Smarter than Yeast?

"therefore the future belongs to you much more than it does to an older codger like me or Deffeyes. Youthful vigor and intelligence constructively applied to opportunities has an infinite value."

Bob Shaw this is where we have differing opinions.

I believe that Hothie's life ,if chaos visits us, will be extremely brief and uneventful. He will go without anyone even being aware.

What he brings to the 'table' is worthless in the extreme.
He has pissed off most of those he tries to cross swords with due to hisarrogance, blunders and misplaced hubris.

I shudder to think that this is our replacement. I don't think he is worth the salt in his biscuit.
Like another said though, "good that he is here so we can see what most of society is like"......circling the drain.

Ah yes, and to think, I am the one who lacks morals and needs psychiatric help, not this man who has wished on me a horrible death in the echelons of obscurity. And remember folks, the doomers shall inherit the earth, not the meek.

You forgot ":laughs:".

The humour is leaving this blog-site.

It is actually getting quite nasty.

I have ranted here myself when really, really angry, usually about blood and treasure wasted in Iraq. Sometimes, rants were intentionally barbed.

But did not receive much back in personal attacks. I received reasonable , if contrarian arguments

WT , RR , DC and others appear now to be under continual personal attack.

Que Bono?

Shame really. If they quit posting, then the truth and beauty of scientific argument will vanish from this site.

It is showing all the hallmarks of a religious schism:

''Bloody popular front for the liberation of Palestine!

Yeah!

Splitters!

Where are they?

He is over there.''

Good points Mudlogger.
When I first came around there were plenty of crusty characters, insults, ad hominems, profanity, and evident psychopathology.
And it was more fun.
Cui bono? is a very good question. Some of the new posters seem to want to destroy discussion even more than they want to score points in silly ego games. And they have time to post lots and lots.

I agree. It's getting uglier. I have always maintained that it would be foolish to think that there are not paid individuals to harm the view of PO. There is too much money at risk - it would be cheap insurance.

What he brings to the 'table' is worthless in the extreme.
He has pissed off most of those he tries to cross swords with due to hisarrogance, blunders and misplaced hubris.

I shudder to think that this is our replacement.

"Arrogance" and "hubris", eh? There's a saying about jaundiced eyes that comes to mind here...

Seriously - if you wonder why most people don't take Peak Oil seriously, look at how people who don't share The Faith are treated. To an outsider, Peak Oilers look like a nihilistic cult; until you change that, you're your own worst enemy.

This is actually a good point, imho.

I rarely see a technical matter disputed competently, but lots of bile for the non-peak-oilers or even the non-doomers is common.

Though of course I won't pretend to be above the fray.

As I've said, there is an overwhelming amount of evidence to support the Peak Oil theory, the question is all in the timing. I've said my 2 cents with my spirited 'debate' with WT, but RR does an much better job at conveying why he doesn't believe peak oil is here yet then I ever could. Its the doomers that get out of control on this site, and when they put their nose in an issue, things get nasty really quickly.

But as it was said, the doomers are practically involved in a 'cult', and Prof. Deffeyes has called himself a peak oil 'prophet' on many many MANY occasions.

If the shoe fits...

Hi Hothgor,

I just replied to your answer (to me) back under your comment (of yesterday). If you have time, could you please look it up? Thanks.