Peal Oil? The answer is sort of, maybe, sometime far in the future.
1. There are huge reserves that have not, and are blocked from, development. New York State and several NE states blocked fracking that could have developed fields nearly as large as N. Dakota. The East Coast, West Coast and Florida Coast are all off limits to off shore drilling and there are know oil reserves in all of them Hell, the Chinese are slant drilling into Florida water right now. ANWR was set aside as a oil reserve and is being blocked from drilling. There are huge oil reserves on Federal land that are currently blocked from drilling.
2. There are huge oil shale reserves that become viable for development if the price stays up. The Wyoming / Colorado field alone holds more oil than the USA has pumped out of the ground to date.
3. There are massive coal deposits and coal conversion tech was developed by the Germans during WWII. All that coal can be made into crude oil and other hydrocarbons.
4. Natural Gas can also be processed into fuels fairly easily.
5. There is an UNBELIEVABLE amount of Methane in deposits in the deep ocean. All of this is readily converted to fuels.
6. There is good reason to believe there are large deposits of carbon, hydrogen and methane in the Earth's core. In the universe, these are all common elements/compounds. The high temp and pressure can be converting these to hydrocarbon-chain oil. This is the current theory why oil field once pumped dry are refilling. The Russians have held this as true for around 100 years.
7. The gas giants and their moons have PHENOMENAL deposits of hydrocarbon. If we develop those, it could take a million years to run out of hydrocarbon fuels.
Now where and how are you defining "peak oil"?
We found out what "dealing" with progressive lefties is all about. Our side gives up something, they give up nothing and the progressives come back in a month or a year and want us to give up more... rinse and repeat...
Our biggest problem is the left trying to turn us into Luddites via the green movement. Carbon Dioxide is PLANT FOOD! You want forests to grow, raise the level of Carbon Dioxide in the atmosphere. It worked during the ages of the dinosaurs. I works in green houses today.
We found out what "dealing" with progressive lefties is all about. Our side gives up something, they give up nothing and the progressives come back in a month or a year and want us to give up more... rinse and repeat...
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