[p2p-research] Oil running out far faster than predicted: report

Ryan Lanham rlanham1963 at gmail.com
Fri Nov 13 16:22:59 CET 2009

If a person could set out a reasonable expectation of a major shift, 20-30
years out, a number of other major human pieces shift in unison.  I'm not
saying you are wrong, I am saying that a map of the 20-30 years becomes
increasingly interesting as your assertion becomes more factual.


On 11/12/09, Paul D. Fernhout <pdfernhout at kurtz-fernhout.com> wrote:
> Ryan wrote:
>>  Sent to you by Ryan via Google Reader: Oil running out far faster than
>> predicted: report via Environment news, comment and analysis from the
>> Guardian | guardian.co.uk by Terry Macalister on 11/12/09
>> • Swedish academics slate IEA's report as 'political document' for
>> countries with vested interest in low prices
>> • Oil production 'likely to be 75m barrels a day rather than 105m'
>> A leading academic institute has urged European governments to review
>> global oil supplies for themselves because of the "politicisation" of
>> the International Energy Agency's figures.
>> Uppsala University in Sweden today published a scathing assessment of
>> the IEA's annual World Energy Outlook, saying some assumptions
>> drastically underplayed the scale of future oil shortages.
> Probably true, but on the other hand:
> http://www.technologyreview.com/energy/23694/
> "Natural Gas Changes the Energy Map; Vast amounts of the clean-burning
> fossil fuel have been discovered in shale deposits, setting off a gas rush.
> But how it will affect our energy use is still uncertain. "
> I still predict twenty to thirty years to nearly 100% renewables by current
> exponential growth rates. :-)
> But we need to stop using oil as soon as possible because of the external
> costs and systemic risks, even ignoring running out or climate change
> issues:
>  http://www.energyandcapital.com/articles/oil-gas-crude/461
> --Paul Fernhout
> http://www.pdfernhout.net/
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Ryan Lanham
rlanham1963 at gmail.com
Facebook: Ryan_Lanham
P.O. Box 633
Grand Cayman, KY1-1303
Cayman Islands
(345) 916-1712
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