16 March, 2005

The Endless Supply of Oil and Other Fairy Tales

EnergyBulletin.net The Endless Supply of Oil and Other Fairy Tales Energy and Peak Oil News: "Common bloviated pigeon-chesting by those that believe our drive-by fantasyland will continue ad-infinitum include the following claims;

* Ho hum, heard it all in the 70's
* Peak oil = chickenlittlism
* The stone age didn't end because we ran out of stone
* OPEC could simply pump more oil if they wished
* The world is awash in oil
* The market will provide

Obvious logical fallacies aside the final statement has some credibility; we suspect the market will provide with rickshaws and bicycles being high on the demand list. "

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