That can’t be. We are almost out of oil now. I read it in a science article back in 1977.
Every time I've heard this, they have wound up being wrong.
I think he is way low and the prospect of the new fields being tapped is almost unlimited.
And then there are the Hydrates.
Actually the most likely scenario is that any peak will be due to the inability of the market to aborb more not because there will be falling reserves.
US reserves are said to be greater than Canada's. North America is the new Saudi Arabia of oil.
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There is no such thing as peak oil... it is a lie just like globull warming.
what “peak oil” predictors always leave out is that as long as the whole world does not slip back into the dark ages, technological progress is also likely to be “irreversible” and that will include technological progress in finding and extracting “fossil fuels” as well
if they were really smart they would look back at all the prior “peak oil” predictions, calculate an average for how far off they have been, and include that little fact as indicative of how far off they are likely to be as well