Peak Oil
Posted at 11:41am on Mar. 5, 2008 Economides on Geopolitics and Oil's Future
By Vladimir
Dr. Michael Economides, Professor of Chemical and Biomolecular Engineering at the University of Houston, and consultant to the likes of CNOOC, is no shrinking violet when it comes to his opinions about energy supply, global warming, and alternative fuels.
As I noted elsewhere, I saw his talk yesterday morning at the annual meeting of the Louisiana Oil and Gas Association. I thought you might getting a sampling of his comments.
Economides is no "peak oiler", but neither does he think that $30 oil is coming back anytime soon.
“What is the price at which people will walk away from the pump?” he asked.
“My answer is $7.50. We are not even close to that.”
Posted in alternative energy | Energy | Peak Oil — Comments (1) / Email this page » / Read More »
Posted at 2:15am on Mar. 5, 2008 Peak Oil
By Pejman Yousefzadeh
Not. See also this. I'm sure that the bugaboo of "peak oil" is going to be around for quite a while, but the mere longevity of an argument does not mean the argument is accurate in any way. And longevity is about all the "peak oil" argument has to boast about.
