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Monday, November 13, 2017

Another Nail In The Coffin Of "Peak Oil Theory" -- November 13, 2017

PowerLine is preaching to the choir; the alt-left won't read it. But that's fine.

For the rest of us, this post at PowerLine is a must-read, and will be archived in case the link is broken. A huge "thank you" to the reader who sent me the link.

Some data points from the post:
U.S. oil production has just reached an all-time high. Lesson: who turned out to be right about America’s energy potential—Sarah Palin and “drill, baby, drill,” or the “peak oil” liberals who said endlessly that “we can’t drill our way out” of oil dependency? That one’s so easy even a liberal will have trouble escaping it.

More from the PowerLine post:
The climatistas are meeting this week in Bonn, Germany, at the annual meeting of the UN climate change circus and freak show. They’re uttering the usual incantations about imminent doom and how the Future Belongs to RenewablesTM, and I hear that a rump group of African nations is demanding that the U.S., which pays 25 percent of the tab for the UN and 20 percent of the tab for the UN’s climate program, be kicked out of the whole thing because of Trump’s decision to leave the
Kellogg-Briand PactParis Climate Accord. Oh please don’t throw me into that briar patch!

The largest demand increase [for fossile fuels] will come from developing nations, not the advanced industrialized nations, which are steadily growing more energy efficient. Even oil demand is going to continue to increase, despite all the confident predictions that a Tesla in every garage is just around the corner.

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