>Well yes, but peak oil theorists don't argue that we're going to run
>dry but rather, as I'm sure every schoolchild who subscribes to
>"Petroleum Economist" knows (and listen, kids do love that mag -
>almost as much as watching Spongebob), that the growing demand will
>outstrip the planet's practically reachable supply.
>
>So, a counter-argument to peak theory which begins with the sentence
>"we're not running out anytime soon" is an inaccurately targeted
>arrow - it doesn't address what was actually said.
By the way, if you've got 41 years worth of stock, with some investment you can always make it flow more quickly. Wall Street has really constrained oil company investment in the interest of quick profits.
Doug