[tx_eggman]

Ever notice, through the years, that whenever these predictions are made the "peak" is always seems to be a few years out.

[martin_fierro]

[RayChuang88]

But I wonder does the author of the article assume we're not improving oil-extaction technology that much. Thanks to improved offshore production techniques that work even in very deep water and Royal Dutch Shell's recent announcement that it is possible to extract oil from shale and oil tar sands in situ without actually mining out the shale/tar sands, we could end up with a far larger oil supply than people think.

If we were to apply the type of steam injection techniques pioneered in California for the type of highly viscous oil found in that state, we could see the proven oil reserves go up by a factor of six or more!

[nuke rocketeer]

There is still a lot of oil in the 'depleted' fields. At current prices, it will be profitable to go get this oil with tertiary recovery methods.

[wbill]

We're Doomed.

Interesting, albeit completely inaccurate article that presents opinion as fact, and guesses about future oil production as definites.

Lots of pretty charts, though.