If you drill down (ha !) and refine (ha !) the term "peak oil" to mean "technologically exploitable oil stocks" then yes, we have not met "peak oil" in that sense. Just ask Saudia Arabia and Russia... Even if the oil supply on planet earth is a constant being depleted by mankind - the term "peak" means nothing. "exploitable" means everything. Fracking and deep water drilling technologies have changed our world.
Another Peaker. Long time, no see Still clinging to your worthless theories at 40 dollars a barrel ? lol
I was a big peak oiler aswell, I think we neared peak, which sent the price rocketing which then stalled the global economy reducing the demand and pulling us away from the peak. Better tech, more efficent use of also reducing demand. Looking like demand is slowing faster than supply is therefore no peak oil ever. Global warming wise, supply decreasing and demand will also reduce that issue that and warmer winters and summers so not really seeing the downside in the uk atleast.
When Hubbert was talking about oil (and that was 50 years ago) everyone understood crude oil. Why? Because nobody was producing shale, what is hard to do and not energy efficient. Why would you even care about shale or tar sand, when there was plenty of crude coming out by itself from the ground for dirt cheap? And sure enough the US crude production peaked as predicted in the 70s and world production peaked actually twice, in 2005 and 2008, you could call it a double top if you were a trader. https://en.wikipedia.org/wiki/Hubbert_peak_theory "Hubbert, in his 1956 paper, presented two scenarios for US crude oil production:" Looks like according to Wikipedia Hubbert was talking about crude oil....No goal post moving needed.
If by peaker you dumbass you mean someone who understands science then yes. And by the way price itself has nothing to do with peak oil. If the world switches to electric, oil could go to $10, it doesn't mean it hasn't peaked, but you need a high school ed to understand that. The peak oil prediction was about PRODUCED VOLUME not PRICE.
This is true. That better tech like horizontal drilling and hydraulic fracking and such are producing oil from: -shale -tar sands -liquified coal (the nazis started this when they were running out of crude) -GTL (gas to liquid) -extra heavy oil And we are doing these complicated, expensive and very dirty processes, because we have plenty of crude, right? Remember when crude was bubbling up from the ground in Pennsylvania? Well you didn't go to school, so you don't, but that was 150 years ago. Just when whale oil was peaking due to over whaling. Anyhow long story short: Anything non-replenishable* will run out sooner or later. That means peak coal, peak copper, pick any metal. *I know this is a strange word for you guys so I will explain it: something that can not be replaced Even things that replenish themselves like animals can go extinct if the rate of usage is bigger than the rate of reproduction. Ask the dodo how it feels about peak oil. Anyhow, as much as I love to educate ignoramuses, I don't think you guys will get it, so just remember, crude oil peaked back in 2008 and that is why we use a bunch of substitutes now. Oh yes, and finish that damn high school, you might even learn something....
Better Tech all round, better Tech to extract it and better Tech to use less. Helium was running out soon, think they've found some recently thankfully. Drinkable Water is also becoming more and more of an issue in some parts of the world. Which will eventually lead to mass population reduction, which will also stave of peak oil. Basically, what ever the cost included lives we'll find a way to keep out life styles and a gas guzzling cars, we suck!!
Wrong. crude oil noun unrefined petroleum. "a shortage of crude oil" Canada's Largest Refinery Shifts from Bakken Shale Oil to Brent ... www.wsj.com/.../irving-oil-to-invest-in-turnaround-project-at-...The Wall Street Journal Aug 20, 2015 - The operator of Canada's largest crude oil refinery, Irving Oil Ltd., said it has stopped importing Bakken Shale oil from the U.S. in favor of ... Shale has to be refined just like all other. You're just making crap up as you go along, just like those clowns on wiki try to convince everyone that the 70's global cooling was a myth.
Except plastics are made from the byproducts of crude and natural gas production. Otherwise without the need to explore and drill for carbon based energy sources the cost of making plastics would be prohibitive. Anyway human ingenuity will get us to a place where we have sustainable, economically viable, environmental friendly energy - most likely loooong before we run out of Peak Oil.