Posts Tagged ‘Resource depletion’

As with peak gas, peak oil and rampant pessimism need to be postponed

July 9, 2012

Recovery of gas and oil from shale is more than just a game changer – it is a mind-changer. The recoverability of oil and gas from shale postpones “peak oil” and “peak gas” indefinitely. For 3 decades we have suffered from the rampant pessimism of the alarmists and the coercive politics of fear. A change of mind-set from pessimistic environmentalism and backward-looking conservationism is called for. A shift of attitude from the joyless “glass half-empty and we are doomed” to the entrepreneurial “glass half-full but can be filled”  is over-due.

Resource depletion with usage is a trivial truth  – though matter at the elemental level is never destroyed by human use. However utilisation of resources does alter the composition and concentration of materials remaining available. But every alarmist and doom-sayer who has ever lived and has forecast impending catastrophe has been proven spectacularly wrong. Human ingenuity has faced every challenge and trumped the doom-sayers – every time.

The pictures say it all:

The scope of the US oil shale resource

The scope of the US oil shale resource

Related: “Peak Oil” hypothesis is following “Peak Gas” into oblivion

Moving peaks


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