Tag Archives: Peak Oil

Peak Oil and the Doomers’ Dire Predictions

Remember those many years ago — circa 2005 — when Peak Oil was all the rage, and people like me were routinely ridiculed by the Church of Environmentalism for writing articles such as this one? Well, you won’t believe it, but it looks as though some of that leftist dogma was perhaps incorrect after all.…

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Huge New Oilfields Discovered In Texas

Peak oil (so-called) is, as we’ve discussed here before, a fairytale of gigantic proportions, and this latest Texas oilfield discovery illustrates precisely why: We begin to know about a resource only when we begin to use the resource. Knowing about that resource includes a cursory calculation of its quantity. The more we use of it,…

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Natural Resource and Goods Theory

The two essential claims of the environmentalists, which I take for granted are already well known to everyone, are (1) that continued economic progress is impossible, because of the impending exhaustion of natural resources (it is from this notion that the slogan “reduce, reuse, recycle” comes), and (2) that continued economic progress, indeed, much of…

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Peak Oil?

From the moment oil first made it into the mainstream, peak oil and the imminent depletion of fossil fuels have been vehemently predicted. A by-no-means exhaustive list of those predictions might run something like this: “I take this opportunity to express my opinion in the strongest terms, that the amazing exhibition of oil which has…

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