Thirty years ago they were sure the supply side of oil would collapse.
Didn’t happen, so now they’re trying to get the oil’s demand side to collapse.
Everyone knows its just so they can have cheaper fuel for their private jets and yachts.
This article seems uninformed.
I have it on good authority from Jimmy Carter that Peak Oil occurred in 1977.
This information backs up the idea that Earth is actually an oil-producing machine. We call energy sources such as crude oil and natural gas fossil fuels based on the assumption that they are the products of decaying organisms, maybe even dinosaurs themselves. But the label is a misnomer. Research from the last decade found that hydrocarbons are synthesized abiotically.
In other words, as Science magazine has reported, the “data imply that hydrocarbons are produced chemically” from carbon found in Earth’s mantle. Nature magazine calls the product of this process an “unexpected bounty “ of “natural gas and the building blocks of oil products.”
https://www.investors.com/politics/commentary/we-are-not-running-out-of-oil-earth-produces-crude/
1973, wasn’t it?
The cause of peak oil is the strangling of production.
I believe that was 1978 by the worlds professional scientists…
Read The Prize.
“...like the United States to rein in greenhouse gas emissions that 99.9% of scientists believe are responsible for rising temperatures.” Total bull Dorkbama. Prove it, media *ssholes.
Yahoo news says it all.
same class as most large city’s news organizations,
pure BS! From Democrat party hacks.
I remember “peak oil” in the 80’s... but then, I’m in Texas, where oil is boom/bust/boom/bust/boom
We’re now on to Peak Egg!
99.9% of idiots think boys can be girls, with only the right amount of wishing and medical tweeking.
Who are these scientists? How do they make a living?
I forgot, what rising temperatures? Temps have fallen for about 10 years in a row. They can only place so many guages, in places surrounded by asphalt and high rises, before the averages remain average. Maybe they should put the temp guages over the top of solar farms?
“How soon will it be until the world reaches ‘peak oil’?”
Never within our lifetimes. Based upon current petroleum consumption levels, the USA alone has over 100 years of untapped proven domestic oil reserves available. I that with continued exploration and technological advancements, proven domestic reserves will grow to three or four times that amount within the next 50 years.
Oil is abundant and located practically everywhere. The problem is finding deposits of adequate quantities that make recovery profitable using current technology, but as drilling technology improves, so too will profitability and thus availability of known reserves.
The whole “peak oil” idiocy was theorized by a guy named M. King Hubbert who predicted oil production would reach its peak in the early to mid 1970s and then crash like the stock market in 1929. His theory was no different than all the other dystopian and bed-wetting theories from the 1970s including global overpopulation, ecological disasters, world-wide famine, global plague, a new ice-age, eminent global thermal nuclear war, and anything other disaster a person could imaginable .
As to why anybody still listens to these doom and gloom theories from the 1970s is beyond me.
“99.9% of scientists believe...”
Had to stop reading when I saw that.
“that 99.9% of scientists believe are responsible for rising temperatures.”
Starting out with reading that lie, I skipped the rest.
Our mother remembered headlines in the New York Times that the world would run out of oil in 1939.
We have only drilled a few miles into the Earth. We have thousands of years of hydrocarbons to use. Research ‘abiotic hydrocarbons’ for the truth about oil and natural gas. It is not fossil fuel. There are oceans of hydrocarbons on the moons of Jupiter and Saturn. I doubt that ancient dinosaurs and savannas are the source of those hydrocarbons. Every other month are headlines about more and more oil discoveries.
Because they know we will not run out, they have to bastardize the language. ‘Carbon’ is now as common as the other favorites of the wackos, sustainable, neutral, etc. 99.99999% of all life on Earth is carbon based, which brings us to the real goal of the democRATS. They are as anti-life as can be. Besides abortion, they oppose saving a child who survives the attempt to kill them.
Abundant, inexpensive energy provides more choices and freedom, which is why democRATS seek to destroy more energy production. Not so long ago the RATS touted Natural Gas as the ‘clean’ energy, preferred by the environazis. Trump allowed American enterprise to Drill Baby Drill and we became the Saudi Arabia of Natural Gas. So now, Natural Gas is evil. Some leftist States are trying to limit and ban use of Natural Gas. New homes and buildings must be ‘all electric’ as if the electricity just magically appears. I remember those ‘Cooking With Gas’ commercials. Recently there have been articles touting the benefits of electric stove top cooking. When the electric power fails, one can still use a gas stove and oven by just lighting a match to start the stove. Instead of building up the electric distribution grid, democRATS in several States ask their citizens to limit their use of electricity. They want to mandate EVs, and then demand you not charge them too much. This winter many new EV owners are finding out the ‘joy’ of EV ownership. Their EV may be buried under the snow, but at least they are doing something about the climate. When the Great Cold of the next Ice Age returns, people will laugh at all the climate crisis prognostication. The future Comedy Channel will broadcast AlGore and his minions warning “the Earth has a fever” while the audience shivers.
Long time. Nothing to worry about.