Things are sure looking a lot different today with respect to peak oil, between drilling down and getting to the really deep and seemingly abundant oil, in places like the Gulf of Mexico, where the pressure is huge and bad things happened, and Fracking technology, it looks like we’ve got another 20-25 years before we really have to face the big crunch from a supply standpoint.
I was really hoping oil would price itself out of the market, as painful as that would have been, and we’d move on to something sustainable, or at least less environmentally destructive. But now it looks like we’re going to keep altering our atmosphere and changing the ocean chemistry until every living thing in it, save for some acid loving oxygen hating bacteria that will kick out hydrogen sulfide in great abundance, dies.
It bothers me that they won’t tell us what chemicals they use for fracking. Guess as long as they get the oil and natural gas and people can go back to driving their Hummers, it really doesn’t matter. Hell, if you can afford a Hummer you can afford bottled water and the rest of us can just die.