It's Like They're Not Even Trying Anymore

Yes, friends, Rob Wile is now arguing that Peak Oil is dead because... wait for it... oil production will no longer rise.

Yes, really. You can't make this stuff up.

I'll only jump into the piece to point out that, as I frequently mention, the "12 million barrels a day" value Wile quotes is total liquids instead of crude oil & condensate. The actual crude oil projections from the EIA report Wile cites are 7.47 million barrels per day in 2013 and 8.428 in 2014.

But do examine the article for yourself, and marvel with awe at the rhetorical pretzels people twist themselves into just to be able to claim that "the Peak Oil people were wrong."

"Peak Oil is dead because oil prices are going to return to $30. Oh wait, we mean it's dead because oil is super-abundant and production is going to increase indefinitely. Oh wait, that's not happening either, what we really mean is that Peak Oil is dead because production will reach a plateau and not a pointy "peak" - yup, that's the ticket!"

"Peak Oil is dead because oil prices are going to return to $30. Oh wait, we mean it's dead because oil is super-abundant and production is going to increase indefinitely. Oh wait, that's not happening either, what we really mean is that Peak Oil is dead because production will reach a plateau and not a pointy "peak" - yup, that's the ticket!"