[lbo-talk] Fwd: [PEN-L] Kevin Phillips: declinist

jthorn65 at sbcglobal.net jthorn65 at sbcglobal.net
Thu Mar 16 16:32:44 PST 2006


On 16 Mar 2006 at 17:41, Andy F wrote:


> On 3/16/06, Miles Jackson <cqmv at pdx.edu> wrote:
>
> > This is a bizzare claim: of course oil production will peak at some
> > point and then decline! Fossil fuels are a finite resource. Do you
>
> Careful -- who'd heard of the oil peak until a few years ago? (I'm
> not disputing it.)
>
> --
> Andy

It's been talked about by oil geologists since the very early '50's but until recently not enough was known to allow an acurate attempt at a projection. 50 years is more than "a few years ago".

John Thornton



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