Sorry, I missed this post, which deserves a response just so everybody can see precisely who knows what they are talking about in this thread, and who is talking out of their backside.
I tend to take the analysis of someone who is actually working in the oil business over someone who lives in his parents basement and spends hundreds of hours "researching" this very important issue (not referring to you).
Then
who is it supposed to be refering to? Your characterisation of a typical "peak oil tard", presumably. In other words you are simply slurring all people who believe in peak oil as being "someone who lives in his parents [sic] basement."
But since you asked, my analysis:
Physical peak oil, which I have no reason to accept as a valid statement either on theoretical, scientific or ideological grounds, would be insensitive to prices. In fact the whole hypothesis of peak oil – which is that there is a certain amount of oil in the ground, consumed at a certain rate, and then it's finished – does not react to anything.
And so you demonstrate, as predicted, that you actually know about as much about peak oil as the average creationist knows about evolution.
You do not even know what the hypothesis in question actually is, yet you are arrogantly dismissing everybody who believes it as an idiot. Peak oil is most certainly
not the hypothesis that "there is a certain amount of oil in the ground which is consumed at a certain rate and then it is finished." It is the hypothesis that oil production from a given geographical area (in this case the whole planet) follows a bell-curve, which has a peak. As for "does not react to anything"...that isn't part of peak oil theory either. It is just some cr*p you made up and decided scrawl on this thread in your toddler-like fashion.
Whereas we believe that whatever can be turned into oil strongly depends on technology and technology depends on prices as well.
Ah yes! Technology will save us!!! The technology you speak of
doesn't actually exist but it will save us!!!
Ah yes! High prices will save us!!! The price of oil will go to £200 a barrel and then it will be economically viable to pump oil from deep under the Earth! Erm, actually, no it won't. The first problem with that theory is that the real limitation is EROEI, not cost in money. I presume you don't know what EROEI stands for. Try looking it up. You might actually learn something, although I suspect you will find it rather difficult, given your status wrt learning difficulties.
Oh yes...then there's the additional slight problemette of high oil prices wrecking the rest of the economy.
Therefore there will never be a moment when the world runs out of oil because there will always be a price at which the last drop of oil can clear the market.
And this is on the same level as "Evolution can't be true because there's hundreds of gaps in the fossil record and every new species creates more gaps!" You aren't talking about peak oil at all, but some other theory about "oil running out" that
nobody actually believes in.
And you can turn anything into oil into if you are willing to pay the financial and environmental price.
Of course! You can turn rocks into oil! You can turn sand into oil! You can turn house mite turd into oil! You can even turn carbon dioxide into oil!!!!!!!!!
Do you think that posting a picture of a dog laughing is going to fool anyone into believing you have anything to say that is actually worth listening to?
You are currently exhibiting a rather toxic mixture of arrogance and ignorance. You have a major
attitude problem, and an absurdly high opinion of yourself compared to your actual level of knowledge and IQ. Your username says it all. You clearly fancy yourself as a deep thinker who knows quite a bit about quite a lot of stuff. The only problem is when it comes to delivering the goods.
Oh...and before you go whining to the moderators about the content of this post, I'd like to recomend anybody reading this post to go back and have a look at your contributions to the whole thread, starting with post number 2 on page 1. It set the tone for everything that followed.
