tag:blogger.com,1999:blog-1881436054697063063.post8431436587856817492..comments2024-03-29T07:17:36.470+00:00Comments on climate science: "PEAK OIL" - STILL SOME WAY TO GODerek Tipphttp://www.blogger.com/profile/07893712146272196994noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1881436054697063063.post-61828779514307124782009-10-07T07:18:45.451+01:002009-10-07T07:18:45.451+01:00As you say, we must pay the price of its extractio...As you say, we must pay the price of its extraction. At greater depths and further from shore, more energy is required to benefit from these discoveries, leaving less for productive activity. Given that oil production has not materially risen since 2005, it's likely that net energy (from oil, at least) has already peaked.Tim Auldnoreply@blogger.comtag:blogger.com,1999:blog-1881436054697063063.post-87959987153583946512009-10-07T05:54:39.441+01:002009-10-07T05:54:39.441+01:00Even at the discovery rate set this year the world...Even at the discovery rate set this year the world is consuming more oil than has been discovered, by some 50%.<br /><br />http://energybulletin.net/node/50231Tim Auldnoreply@blogger.com