“We are on a collision course to a world without rocks. Only take as many rocks as you absolutely need.”
– Dr. Victoria Merrill, author, No Stone Unturned: Methods For Modern Rock Conservation
“Think about it. When was the last time you even saw a boulder?” – Henry Kaiser (geologist and Onion expert)
The easy oil has been found. There are no more mega-fields. Costs up … prices up … economic stress … crises.
We have such certain knowledge from the smartest guys in many rooms:Paul Ehrlich, John Holdren, Colin Campbell, Jean Laherrère, Richard Heinberg, Chris Skrebowski, Matthew Simmons, …. and Kenneth Deffeyes.
Oil output peaked on December 16, 2005, in case you did not know it, according to geologist Kenneth Deffeyes in his 2010 book When Oil Peaked, available at Amazon in hardcover for one penny (yes, one penny!).
Two quotes from Princeton University-affiliated Deffeyes are highlighted at Wikipedia:
- “Crude oil is much too valuable to be burned as a fuel.”
- “The economists all think that if you show up at the cashier’s cage with enough currency, God will put more oil in ground.”
Onion Weighs In