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thunder
 
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Default A place where liberal politics and yachting collided

On Sun, 18 Jul 2004 22:48:57 +1000, Peter Wiley wrote:

Ya know, I have 20 years of Mother Earth News magazines. The 'experts'
used to say exactly the same thing.

Back in the 1970's.


And that makes them wrong? Hubbert predicted, in 1956, that US production
would peak in 1970. He was scoffed at then, but looking back, that is
when US oil production peaked. Since 1984, new oil discoveries have
failed to replace oil production. Demand is constantly increasing,
especially in Third World countries such as China and India. And, this
country still does not have a comprehensive energy policy. You may think
oil supplies are infinite, but they are not. Peak oil will be sooner, not
later.