Energy Investing - Gorozen: Permanent oil crises aka peak oil: - Energy Investing - InvestorVillage


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Msg  420047 of 440417  at  5/22/2022 10:00:45 AM  by

hivoltage

The following message was updated on 5/22/2022 10:33:25 AM.

 In response to msg 420015 by  c185pilot2000
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Re: Gorozen: Permanent oil crises aka peak oil:

I don't believe, with improved recoveries of conventional reservoirs and new tight oil reservoirs, that we've hit peak oil production. However, we definitely have hit peak $60/barrel oil and that price tag is rapidly rising with inflation and exhaustion of tier 1 drilling locations.
I still believe we have enough time to transition rationally to a more powerful and economic energy source like nuclear fusion.


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Msg # Subject Author Recs Date Posted
420048 Re: Gorozen: Permanent oil crises aka peak oil: c185pilot2000 8 5/22/2022 10:05:46 AM




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