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In reply to the discussion: Would reducing US fuel exports stop gas prices from spiking? [View all]Spider Jerusalem
(21,786 posts)27. Peak oil as such isn't a lie...
unless you happen to believe Thomas Gold and his abiotic theory, that is. The question is in the timing, not in the occurrence; talking about a finite resource, there's no question that you reach a point of peak extractability and declining production. There are other complicating political factors (rampant nimbyism: cf the opposition to the Keystone pipeline, for instance, or opposition to drilling in ANWR, etc); given sufficient price to make extraction of otherwise economically unviable resources (Bakken shale, Alberta tar sands, the Orinoco heavy oil belt) profitable peak production is some way off, but that doesn't mean it's not going to happen.
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What? We export NO CRUDE. Lets go to the site you linked to and compare Imports vs Exports.
napoleon_in_rags
Feb 2012
#37
Emptying the strategic reserves may be a good idea -- it takes attacking Iran off the table
FarCenter
Feb 2012
#15
Unless Iran successfully tests an atomic bomb and threatens to use it, we won't attack them anyway
DFW
Feb 2012
#36
Add 117,000,000 gallons of gasoline, diesel, and jet fuel to the US market EVERY DAY...
cherokeeprogressive
Feb 2012
#22
Do you believe that increased cost for gasoline, diesel, and Jet A is a good thing
cherokeeprogressive
Feb 2012
#31