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2005-11-02 Home Front: Economy
'Hubbert's Peak' is a failed theory
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Posted by BrerRabbit 2005-11-02 14:00|| || Front Page|| [1 views since 2007-05-07]  Top

#1 Yep, makes perfect sense in a steady state universe. The good news is what's happening on the anti-earth, geysers of anti-oil are exploding in anti-front yards where the anti=car is. The gasoline bounty is +$5.99 galllon.
Posted by Shipman 2005-11-02 16:33||   2005-11-02 16:33|| Front Page Top

#2 You missed the money line.

Kenneth Deffeyes, a professor emeritus at Princeton University, and a 1950's Shell Oil colleague of M. King Hubbert, has given us excellent insight into how Hubbert came up with his famous "peak curve." According to Deffeyes, it turns out that Hubbert's famous peak was basically a "back of the envelope drawing," a pre-conceived intuition into which Hubbert jammed the available data. In writing his book, "Hubbert's Peak: The Impending World Oil Shortage," Deffeyes admits on Page 135 that Hubbert first reached his conclusion and then searched for raw data and methods to support his conclusion

Same scientific methodology used for 'Global Warming caused by humans'. First establish the conclusion and then jam any data into to it to justify it.
Posted by Omomoque Crereter5428 2005-11-02 16:34||   2005-11-02 16:34|| Front Page Top

#3 Like most liberal and "green" theories, it fails with facts and the passage of time.
Posted by mmurray821 2005-11-02 16:39||   2005-11-02 16:39|| Front Page Top

#4 We will never use all the oil in the world.
Posted by Spolump Elmomble5827 2005-11-02 17:05||   2005-11-02 17:05|| Front Page Top

#5 If you don't get the results you want, manipulate the data...
now the part Hubbert didn't listen to,
but make sure that you hide it well.
Posted by Clith Cregum5085 2005-11-02 20:13||   2005-11-02 20:13|| Front Page Top

#6 Hubert's Peak Oil is false although not for the reasons stated. Hubert's error was to assume that hydrocarbons were divided into 'oil' and not oil. In reality there is a continium from highly volatile (natural gas) to solid (anthracite). Known hydrocarbon reserves will last many hundreds of years. We just have to start exploiting the reserves away from the sweet spot of traditional oil that will flow to the surface moreorless unaided, such as the tar sands and oil shales.
Posted by phil_b 2005-11-02 20:42||   2005-11-02 20:42|| Front Page Top

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