Peak Oil: Same Nonsense, Different Day Pt 2 – Peak Oil Matters.
This is a follow-up to my most recent post, in which I offered a few observations on commentary attempting to debunk the concept of peak oil courtesy of this recent article by John Kemp. [Quotes here are from the Kemp article unless noted otherwise.]
Economist James Hamilton, a professor at the University of California, recently shared areport of his which concluded that high oil prices are the new standards all of us should accept as one of the unpleasant realities of 21st Century energy supply and production. Of course, not all are inclined to accept realities which interfere their agendas.
No denier worthy of the name will of course offer up their contribution of nonsense without making certain that the “running out of oil” allegation makes its appearance, and this article honored that mandate:
…click on the above link to read the rest of the article…
