[Gasification] Corrupt government, conspiracy, new world order, no future.

[MMBTUPR at aol.com]

          from          Lewis L Smith

The debate over peak oil is about geology and engineering ; it is not about 
demand. 

Almost all knowledgeable people agree that an all-time physical peak is 
coming. They just disagree about when. Some say it has already occurred, as in 
2004. Others             [ Exxon/Mobil ] say that it wont come until 2032. 

If great enough, a fall in demand [ or the rate of growth of demand ] for any 
reason which you might imagine, could slow up the rate of extraction of crude 
oil and hence postpone the date of the peak, but such a fall is not going to 
eliminate the peak or affect the probability that it will arrive someday 
within somebody's planning horizon.

Because of the lead-times characteristic of the energy sector of the World's 
economy, these differences of opinion are important, especially to people who 
have to plan, permit, build and put into operation projects for exploration 
and development, fossil fuels, renewable energy et cetera.

At least, that is the way it looks to most of the disputants.

Cordially ###




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