Nobody cares about how much is left. All people care about is how much it costs. 'Sustainability' it is a long word which is easy to spell right, but in America it is a foreign concept.
Listening to this guy I realized that people reify the oil market. Inside the box, we can't think outside of it. The presenter makes 'the oil market' into a thing which we have a responsibility to take care of. Like the oil market was a living thing. Like it was a pet rock with feelings to worry about. As if the life of a useless eater was a god-given right. That god only cares about our current generation and not what comes later.
Quote from: K-Dog on Feb 11, 2025, 05:03 AMNobody cares about how much is left. All people care about is how much it costs.
It has always been a travesty that 10 seconds after Hubbert's bell shaped curves came out, experts weren't converting them to resource cost curves. Certainly the EIA, the only group of the early 21st century who's global peak oil estimate hasn't been dispatched by more oil yet, knows about the need for knowing how much it costs.
And then an entire generation of folks began just spewing out bell shaped curves without even asking about the thing, as K-Dog says, that people really care about.
(https://www.eia.gov/petroleum/weekly/archive/2022/220803/article_images/twip220803fig1.png)