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Actually the "myth" of peak oil is a regular theme of his, like some part of his brain can't deal with the stuff that fueled the Baby Boomer generation running out. Everything's fine, you see. No seriously man, everything is fucking fine.Firstly, Neil's confused about his terms. Peak oil isn't when the oil runs out, it's the time when supply, well, peaks. There's still oil in the ground but it gets harder and harder to reach, slowing down production and driving up the cost, which in turn makes people buy less of it. Drilling might carry on for years after the peak, but the amount we get and actually use will follow a long, steady decline.Second, unless you believe that oceans of oil literally appear magically out of rocks, there is a finite amount of it and peak oil will come sooner or later. (Inevitably, a load of people do believe exactly that, the so-called "abiotic oil theory," but they're idiots so let's move on.) Whether it comes in six years or 60 years doesn't really matter to the theory, though at 63 years old it probably does matter to Andrew Neil.Saudi Arabia could produce oil at current levels without new discoveries for 63 years. So much for peak oil theory.
— Andrew Neil (@afneil)March 16, 2015
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