Address the two points raised to you.
1) You've agreed with the envirocult that oil supplies are dwindling and will be depleted at some point in the near future.
Yet the US continues to hold easily accessible oil off the market.
How is this so? Please, I'd love to know how we are about to be unable to meet demand and yet also have so much available we can afford to value an unobstructed beach view for the glitterati higher.
2) The same prediction you are making, on much the same basis, has been made for 30-40 straight years and been proven false each time. Explain why this time Chicken Little is right and the sky really is falling.
No it has'nt.
Fourty years ago the Ghea worshipers were waving their arms claiming oil would run out completely real soon now.
Today petroleum engineers are saying future oil will be harder to find and cost more then current oil. They predict this will be the long term trend.
Do you see the difference yet?
I think I did but I will attempt to clarify my earlier posts.
"1) You've agreed with the envirocult that oil supplies are dwindling and will be depleted at some point in the near future.
Yet the US continues to hold easily accessible oil off the market."
How is this so? Please, I'd love to know how we are about to be unable to meet demand and yet also have so much available we can afford to value an unobstructed beach view for the glitterati higher."
As to whether I agreed that peak oil is on us or imminent, you misread my posts. I do believe that oil is finite and that the peak [or at lest a gap between supply and unconstrained demand at a price anywhere near current levels] is likely to develop sometime between now and maybe 2010. I stated that a firm belief in the ability to expand oil production to meet growing demand over the next few years is most likely to predicated on some sort of pure faith or a belief that the assertions emanating from the House of Saud are accurate. I cannot bring myself to trust the Saudis. Pure faith? This isn't my concept of religion.
As to how the U.S cannot be developing all of its resources given a potential crisis, I think you just answered your own question and inadvertently set yourself up as an object lesson. There are not that many peak oil believers [e.g. you are representative of the major of the small minority who have ever thought about this issue], and a lot of those who do believe that we are at or approaching a peak "think" it represents a great opportunity to go back to the good old days before modern conveniences [total morons] ... or that a massive die off in human populations is desirable or inevitable [a really cheery thought by another group of total morons.]
"2) The same prediction you are making, on much the same basis, has been made for 30-40 straight years and been proven false each time. Explain why this time Chicken Little is right and the sky really is falling."
In earlier posts I addressed the fact that the end of oil production has been predicted for much longer than 30 to 40 years --- in fact since the late 1800s. I explained why those theories were not correct and why the same reasons why those positions were wrong no longer applied: (I explained the reasons why drilling deeper won't get us more oil [it might get us more natural gas -- but oil cooks down at high temperature I explained what I believe to be the situation that most of the easily accessible prospective areas [those areas and many very hostile offshore areas have already been drilled -- is there another few Saudi Arabias or even another Texas out there?] We do not know what the situation is within Iran, Iraq or Saudi Arabia in terms of future potential as it has been a long time since the outside world got a good look at the true potential of these countries. [Iran appears to have peaked.] Iraq has some additional potential, but it isn't going to happen in a war zone. Saudi Arabia is a mystery --- if you believe the reports generated by Aramco when the Seven Sisters were still running the show, the end of most productive period for the existing super giant fields in Saudi Arabia is at hand. If you trust the House of Saud, there is no problem as long as the political risk is contained. However, as I noted earlier: Do you really want to trust the Saudi "royal" family?
To return to my "all in" point from an earlier post which you did not address: Where is this easily accessible domestic oil; how much can be produced and for how long? My apologies for shouting, but I would appreciate an answer.