On Feb 20, 2008, at 12:18 PM, Sandwichman wrote:
It should also be needless to say we will NEVER "run out of oil". The
whole peak business has to do with the technical capacity to extract
*ever increasing quantities* of the product economically. Predictions
of peak oil may be based on pessimistic assessments of the prospects
of technical breakthroughs. However, the argument against peak oil
*assumes* that technical breakthroughs will occur when needed, simply
because they are needed. While the pessimistic predictions may be
merely wrong, the pollyanna scenario is fantastic.
This is excellently stated and in my opinion applies to all "progress"
arguments.
--ravi
