Study Basic Geology!

Right Victor, oh great conservative guru; who doesn't know ANYTHING about geology!

Yes Fracking did result in an oil and gas glut, and predictably encouraged people to buy less gas efficient cars.

But he doesn't explain what fracking really does.  And a glut for a couple months is nothing!

Look, read a damned book!

Peak Oil is still valid...it is...what we have done is simply change the bell shaped curve predicting the end of oil to a sharp plunging one.

What we are doing is burning the remaining world reserves as fast as we can thanks to supply and demand and conservative stupidity.

To elect a Trump with an oil man for a Energy Secretary is suicide...If ever we have accelerated a global catastrophe we just did it!!!!!!

When an oil well is first drilled the sweet crude as it is called is in liquid form, surrounding the liquid is shale or oil sands containing the other 50% of the resource. 

Consequently, a sweet oil mine will only yield about 50% of its reserve to direct pumping.  After that, to extract more requires fracking.

Of the remaining 50% only half can be recovered depending on the rock formation.  And the cost to the environment is enormous, resulting often in contaminated drinking water supplies.  Moreover the danger of capped used up drilled mines for the furture is huge.  Hundreds of years from now unsuspecting populations will suddenly start dying as the poisonious fracking wells leach into drinkiing water. 

What is absolutely true is the reserve fracking gets is ALREADY figured into he oil reserves that prompted the peak oil scenerio.  In short back in the  90s the world's absolute reserves were well known.  What was not known was the manner that more of the oil and gas could be extracted.

For example, natural gas was being burned then as a junk byproduct of oil drilling...Literally billions of tons of natural gas were burned off into the atmosphere (inceasing global warming).    This wasted energy was not figured into peak oil. 

Look, it is a FINITE resource.  And it is a FINITE resource that has a worldwide market.  And I took Econ 1, Perry did not (see other article where he made yet another assinine comment showing his absolute ignorance of basic economic principles). 

Yes, America is the world's leader now if you factor in coal, but the world now has more  cars...and as India and China get more, the consumption will blow peak oil predictions off the charts.

I am reminded again by the whale analogy.  In the late 19th century whale blubber was hunted  (killing most of the world's whales in about thirty years), to bring light to homes at night without candles. 

This phenomenon lasted about thirty years and almost all the whales in the world were dead...and guess what...NO OIL!

And that was with a very small supply and demand. 

Global warming is causing a huge demand for air conditioning everywhere.  And energy demand for energy production is through the roof...and fracking finds more natural gas than anything else. 

BUT, fracking will NOT save us period.  It is only accelerating what is coming,  a sudden run out of oil and gas for everyone (except the rich).

With a commute driven economy the whale analogy will be a picnic to the reckoning that is coming.  The world is tragically copying the huge wrong turn America took only a hundred years ago, the internal combustion engine as the main form of human transportion.  This has created a huge demand for gasoline that has made the peak oil prediction even worse for humanity.

And solar and wind won't be able to fill the bill....so far solar and wind driven airplanes are not possible! 

WAKE UP!