![]() | DrumBeat: February 25, 2007 | The Oil Drum | A quick review of some current numbers on domestic crude oil stocks and the like | ![]() |
95 comments on Matt Simmons on Bloomberg: Peak Oil is Now and Oil Is WAY Too Cheap
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95 comments on Matt Simmons on Bloomberg: Peak Oil is Now and Oil Is WAY Too Cheap
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Pitt: Total nonsense. There is no such thing as a "peak oiler" and references to religious cults are illogical. In fact, the persons that have concluded that global oil supply has peaked are such a diverse group of individuals that one could conclude that the only thing they had in common was an ability to recognize reality even when the MSM is working hard on a smokescreen.
A peak oiler is one who talks about peak oil.
a) Not to some people, apparently.
b) Take it up with WT - I didn't bring it up.
c) If the shoe fits...
One could conclude that. One could conclude many other things as well. Even things that don't involve dragooning the world's news outlets into some kind of vast conspiracy.
The question is not what can one conclude; the question is what conclusions are supported by solid evidence.
Hi Brian,
Sorry, can't agree. In any cult you will find a very wide array of individuals. In fact, in the cult I was in they were (generally): well educated, not overly emotional, demanding of 'proof' of anything that was said, stuck in the 'reality' of the world as we saw it.
You can't define a cult by the type of people that adhere to it.
By many definitions PO could be seen as a cult; but the main aspects of a cult are missing: no promise of the Kingdom of (heaven, nirvana, paradise etc), no espousing that those who 'believe' are somehow better (or more called) than those who do not, no worship of the guru (except by a few), and no 'fleeing' to a safe compound or Petra or Babylon, or wherever to escape the wrath that is to come.
Once you've been in a cult, you'll never be confused again - join one today! Experience the difference.
Note that Peter Huber is literally promising that we can increase our energy consumption--forever.
That he is wrong does not automatically make people who disagree with him right, and pointing out that some of the people who disagree with peak oilers are wrong does not make a compelling case that peak oilers are right.
In fact, if criticisms of peak oil arguments are answered with attacks on "cornucopians" - as seems to be the trend - then it gives the impression that those criticisms can not be effectively responded to. That is not a very encouraging impression to give of peak oilers (and is not, I think, necessarily true, either - there are reasonable responses to many of the criticisms I've seen raised, and it would reflect very much better on the peak oil community to develop those answers rather than to say "but the cornucopians are wrong!" and "you just don't get it!")
Best comment I've seen all day.
From what I can tell, the primary complaint against the "cornucopians" comes from the mistaken belief that world population will grow exponentially past 2050 or so (evidence does not support this) and that it will only be stopped by massive "bad stuff" like nuclear war or starvation, evidence does not support that either. If one is willing to accept the idea that population won't grow forever, then there is no reason why all resources must NECESSARILY be exhaused, and the cornucopians (as they are called) might be largely correct.
Sort of.
The "cornucopians"--or at least the serious ones who put their beliefs into empirical practice--are commonly known as the Ecological Modernization theorists. Their basic premises revolve around the Kuznet's Curve, which essentially posits that a country/society will denigrate its environment until it reaches a certain point of economic and technological development, at which point it will begin (for a variety of reasons) to reduce its ecological footprint.
The dominant counter position to this is found in neo-Marxist political economy theories, which include the "treadmill of production," the "metabolic rift," and O'Connor's "second contradiction of capitalism".
We have about 30 years of data to test the propositions of each major strand of theory (i.e. Ecological Modernization vs. Political Economy), and the evidence overwhelmingly undermines the EM crowd (i.e. nuanced cornucopians). Don't take my word for it though--I'm in the politcal economy camp--go out and search the literature and tell me what you find (again, one of the best overviews of the debate was published in "Organization & Environment", Vol. 17, Number 3--Sept. 2004).
Interesting, so who has the cleaner environment, the US or China? How about East or West Germany? Japan or India?
Doesn't seem so overwhelming to me, but I will take a look at the papers.
Come on, you know that argument is totally bogus. For at least two of the pairs you have cited, one party is able to export most of its environmental degredation elsewhere. For example, I was struck recently when I re-read Diamond's account of forestry in Japan - for one or two milliseconds, until I remembered that they preserve their forests by logging native forests in my own country. Whatever you want to say about India, at least those people are destroying their own environment and not some distant one.
East Germany and West Germany? Same argument I think. West Germany was a major economic powerhouse, East Germany was a small nation of little world consequence except in the Olympics and the manufacture of funky little motorcycles (ah, my MZ250!) How much has the environment of the East been destroyed since the Wiedervereinegung? (the reunification - my apologies to all German speakers for mangling that word). This is a question where I bow to those who know (Expat?)
And China's environment is becoming ever more rapidly screwed since that country's integration into the capitalist system. However much of a nightmare it might have been in the past, it is worse now, and there is unlikely to be any salvation from the destruction as long as the Chinese economy is tied to manufacturing most of the world's goods (for the profit of foreign companies), and taking a large fraction of the world's rubbish.
Almost right - Wiederverein i gung.
Cheers, Expat II
Can you give me a link to that article or one that discusses the matter in full? Would be great!
Reducing the ecological footprint is good PR, but really its about reducing ecological dependance.
Also, you've watched too much nightly news, it's wrecked your ability to reason. This whole A vs. B thing just doesn't work. Just because I'm not a doomer doesn't make me a cornucopian. Even if I was a cornucopian, that doesn't make me an EM guy. It's not the case that either EM or whatever else must be correct, you're setting up a false choice.
The primary position of doomers is that unbounded population growth (which they think we have) automatically causes resource exhaustion. That would be true, if we had unbounded population growth, which we do not. Noting that they are wrong doesn't mean I think the EM crowd (whoever that might be) is right.
The worst mistakes come not from faulty logic, but from faulty premises. Put another way, it isn't what we don't know, but rather what we know for sure that just aint so.
Some cults do not need the promise of heaven, only the promise that all unbelievers shall be consigned to the flames. That aspect is certainly present here in many cases. 'The human race must die because everyone is f*ing dumb and can't stop breeding like rabbits.' This attitude goes along with 'It's only all those brown people who will buy it.' Yeah, cognitive dissonance: the human race is incorrigibly stupid, but it's only everyone else who deserves to die, not me and mine.
I started off considering this site as devoted to science and knowledge, but I now recognize many cult-like aspects to the thinking of many people here.
I do not deny Peak Oil. But much that people believe about it seems to follow from a kind of faith.
Guys, I'm a misanthrope myself: I understand. But let's keep it real.
First off, almost no sane, rational person or group denies that global Peak Oil will happen if it hasn't already happened, not even CERA.
The debates here are over when, at what decline rates and at what impact on society.
I have not seen anybody here adopt a faith-based unquestionable belief in one answer over another.
At the end of the day nobody (not the doomers, not the cornucopians, not the "moderates") can tell us with absolute accuracy how much "economically recoverable" crude lies underneath the ground/oceans precisely because it is hidden underground.
Yes, some people are more pessimistic than others about how society will respond (or fail to respond). This is not pure "faith" though, but rather something grounded in historic experience. M.K. Hubbert warned the Texans in 1956 that their oil was going to peak.
They "stayed the course".
It is not that much of a speculative stretch to expect homo sapiens around the world to behave pretty much as the Texans did.
Why wouldn't Texan's have stayed the course. Oil markets globalized, the price experienced a couple of political spikes and then trended down. The problem with the circulation of petro-dollars was worked out.
It is a large speculative stretch to expect homo sapiens around the world to behave pretty much as the Texans did. Circumstances are undergoing a radical change.