Re: Exxon Predicts Peak Oil


<asdf@xxxxxxxxxx> wrote in message
news:L4Jue.70$Zo.3@xxxxxxxxxxxxxxxxxxxxxxxxx
> John La Grou wrote:
>
>>
>> According to the June 2005 Journal of Atomic Scientists, Exxon
>> predicts that non-OPEC fossil oil will peak within five years. To my
>> knowledge, this is the first time that a major oil company has made a
>> public statement about global oil peaking.
>>
>> http://www.thebulletin.org/article.php?art_ofn=mj05cavallo
>>
>> JL
> This has to be taken with a truckload of salt, not just a pinch.
> The Oil Industry is glutting on our money and wants even more. Self
> serving "the sky is falling" forcast do not reflect any real science or
> future discoveries of oil.
> True, it will run out one day but we will all be dead long before then.
> If the price gets to a 1,000.00 per barrel maybe they will be content.
> It is ridiculous to spend a day's pay just to get to work for the week.
> Iflation, driven in a big part by Big Oil, is realistically, around 30%
> despite the offficial "word" from our Government (Big Buisness).
> The dollar has lost over 40% since 1999. It is just worthless paper. It's
> too small for use in the bathroom and burns too quickly to start a
> campfire.

Another person utterly clueless about exponential growth.
The amount of oil America uses doubles every 25 years at recent rates of
growth. In every period of doubling more is used than in all previous years
of use. That's not even counting China and all the money we're sending
there from Walmart for them to use to compete with us. And the moron in
chief wants to drill more wells. Perfect solution.


.

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