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When will Yergin get his Cabinet post?
Thanks Robert for the summary and meta-reading.
I think there are at least two discussion of position here: public and scientific.
1) Public debate: their position ("late peak, no peak, undulating long plateau") vs various other PO positions, which are often clumped into one group although they are not one ("peak soon", "imminent decline", "unmitigated disaster")
This is public debate that is very difficult to "win" (and public discussion are mostly won/lost, there often no attempt at arriving at shared truth).
For every sane "let's look at PO risks, date & mitigation" point of view, there'll be tons of extreme viewpoint survival opinions "it's all going to hell in a hand basket, it'll be Mad Max everywhere" to make the WHOLE PO camp look silly. Even if it's not a single homogeneous camp and regardless the fact that the extreme viewpoints could also have some truth in them (nobody can fully disprove it, its all a matter of belief).
So, finding some common ground on this public debate will require:
- lots of more compromising & politicizing (is that a verb?) from the PO vocals, in order to be able to become presentable, acceptable and prime-time friendly with their message. I cant foresee contrarians trying to to come closer to the PO position - at least not in public.
- waiting in the trenches and seeing if PO will push the contrarians towards the "peaking soon" position or accept that fact that as time goes by, PO peakers will be pushed towards the position of the contrarians.
2) Scientific position on the peak date (probability), shape of peak, decline rate, risks of oil availability.
This is about finding the truth and subjecting all analysis and data to open scientific peer review, which requires public disclosure.
Its not about winning the debate, its trying to find the real data and drawing the most sound scientific conclusions from it. And then making it a debate about political response to peak - if any (i.e. back to public debate domain).
However, I don't see real scientific discussion happening.
Reasons:
1) CERA, ExxonMobil, API and other contrarians only give their position, but refuse to divulge their data, calculations and models.
2) AFAIK, no contrarian has come forward and tried to prove scientifically that either the data or the calculations from the "peak soon" camp is incorrect. Contrarians have again stated their position: "peak oil believers are wrong", but given no tangible proof that would enable one to verify their position.
As long as this continues, the scientific discussion will continue as it is: one side trying to calculate, ask for peer review and admit the incompleteness of data. The other side basically hand waving and denying peaking soon, but refusing an open scientific debate.
Please note that my analysis does not assume "peak now" or "late peak" or even "no peak" position.
This is just my reading of the discussion as it has been unraveling now for some years.
As such, I remain a little skeptical about addressing the divide, esp. in the public view.
However, progress can be made on the local level, municipal level or a in limited scientific circles.
I think people should consider concentrating on those, if they are interested in continuing the debate (in addition to actually responding through actions like ELP).
I think this is important (addressing the divide).
Two ways:
What do people generally agree on? Can we go country by country, province by province, oil type by oil type, or however and 'check off' areas where the two camps (are there more camps ?) agree ?
Why do we care about agreeing ? For me, its because we need to do things. What, if anything, can we get agreement on - in terms of mitigation strategies - that all sides can support?
Yeah, it is interesting to note the dismissive comments about PO concerns with what amounts to anecdotal counter-evidence ("new reserves, better technology will allow as to continue as normal"). It reminds me of a Ghandi quote I have seen on this site: "First they ignore you, then they laugh at you, then they fight you, then you win."
Are we somewhere in between the laughing and fighting stages?
"You can never solve a problem on the level on which it was created."
Albert Einstein
I think the optimists see two things differently:
1) The ability of price to drive supply. Conventional economics is based on both a demand curve and a supply curve. Most TODers seem to treat supply as strictly a product of geology. You take what the ground dictates, like it or don't. You won't find "price" in any of the HL or shock models. Personally, I side with the optimists, at least to an extent. Supply is the intersection of geology and price. There's still a lot of oil in the world. And there's a lot that wasn't worth going after for $25/barrel, but that's being re-examined with prices above $60 (and likely to stay there or go up more). And while there are certainly limitations to the rate at which production can be increased, I think sustained high prices will drive the investment (more rigs, bigger GOSPs, platforms in deeper waters, etc) to keep production up.
2) Technology. It's obviously unwise to assume that, "Of course technology will save us, there's nothing to worry about." However, it's also true that previous advances in technology have expanded the supply of "available oil" several times, making previously inaccessible oil available, or simply improving the efficiency with which marginal reserves can be tapped. Some of that is likely to continue.
Personally, I think we may be at or near the conventional peak, but I expect a slow decline or even a plateau; at the least, I believe there's more fat in the tail than most doomers seem to. And unconventionals, more deepwater, NGLs, and some biofuels can probably make up the difference in total liquids for a while.
peace,
lilnev