tag:blogger.com,1999:blog-24847368.post5080331248616076073..comments2024-01-29T10:04:23.986-08:00Comments on Al Fin Energy: The Fossil Fuel Age Is Being Extended Another 60 Yearsal finhttp://www.blogger.com/profile/13739269791915017382noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-24847368.post-35042325372066954672011-11-02T09:31:06.369-07:002011-11-02T09:31:06.369-07:00Thanks for the comment, Ruby.
I try to keep remin...Thanks for the comment, Ruby.<br /><br />I try to keep reminding myself that the key issue is "useful energy." Oil just happens to be a particularly useful form of energy at this point in time.<br /><br />In my mind, the question is not whether accessible oil will grow more expensive in time -- even adjusting for the shrinking dollar. Rather, I wonder whether the growing move away from petro-fuels will begin before or after energy expense causes a significant global economic slowdown.<br /><br />If a prolonged economic depression is caused by high energy prices, it will most likely be due to political interventions rather than technological or geological developments, in my opinion.<br /><br />The possible alternatives to oil -- as energy -- are numerous and immense.al finhttps://www.blogger.com/profile/13739269791915017382noreply@blogger.comtag:blogger.com,1999:blog-24847368.post-68040199791783984372011-11-01T21:36:51.450-07:002011-11-01T21:36:51.450-07:00Peak oil doesn't mean the end of fossil fuel r...Peak oil doesn't mean the end of fossil fuel resources, particularly oil. It means the end of "cheap" oil. <br /><br />The first half of the reserves are easy to get to, the last half are harder, take more technology and energy to extract and process, which means higher costs, financially and to the environment.<br /><br />The results are empirical for every region that has past its peak.<br /><br />I do enjoy your blog!Rubyhttps://www.blogger.com/profile/13968147300323102206noreply@blogger.com