How dare the communists on CNN say this!

[Deja Q]

http://money.cnn.com/2007/09/14/news/economy/peak_oil/index.htm?postversion=2007091412

The end of oil
A small - but growing - group of experts think world oil production will peak in the next few years, to devastating effect.

Indeed, Web sites devoted to peak oil sell numerous survival-style books seemingly geared toward a society in which, at the very least, the basic economic infrastructure has broken down - if there's not total anarchy.

And who said the NAFTA Superhighway, for more efficient transport of goods via road and rail, was bad?

[bahrbearian]

1. I said NAFTA Superhighway is BAD,, so is NAFTA

build it here, grow it here.

[EVDebs]

2. On paper it pencils out to about 27 yrs, but the Saudis have been inflating their estimates

Many almanacs (terrorists !) say the world has 1,000,000,000,000 barrels of oil left (1 trillion) / daily consumption of 85,000,000 barrels (current) and expected to go to 120,000,000 barrels (by 2020)

-- let's split the difference and go with 100,000,000 barrels daily consumption

this comes out to about 27 years, again assuming that no one has been fudging and inflating the reserve estimates.

BTW, I thought this had to be the most hysterical response to the Bush 'terra terra terra' campaign. Made me go get an almanac and look up these oil reserve figures:

FBI Links Almanacs With Terror Planning
Monday, December 29, 2003
http://www.foxnews.com/story/0,2933,106890,00.html

Richard Heinberg's weblinks I find most enlightening on 'Peak Oil'

http://www.richardheinberg.com/

and

http://www.richardheinberg.com/projects.html

[Deja Q]

3. If we didn't offshore everything, their need for oil wouldn't have grown...

Mind you, aren't their countries closer to the source?

And since the numbers are all theoretical (may be less, or maybe not), doomsday won't happen in the next few years. Maybe by 2013 real problems will hit the fan, but with hybrids, electric, and other means starting to become more prominent, there's still real time left.

And the oil companies won't go broke either. Especially if it's true that, in the past, oil fields were abandoned after extracting ~40% of their oil (what's left being more difficult to collect, but with today's technologies it becomes that much easier.)

[lonestarnot]

4. And if everyone and their fucking brother hadn't bought 8 cylinder gas ass hogs here.