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An observation worth noting … and pondering, from Ugo Bardi:

Substitution of crude oil with different resources was far from being smooth; actually it was strongly resisted in all sectors of society. What happened, instead, was that large amounts of financial resources were invested into the exploitation of everything that could possibly be drilled, fracked, smashed, squeezed, boiled, or otherwise processed in order to get a few drops of precious, combustible liquids, and that is what has avoided decline, up to now.
But this result has come at a high price; higher than anyone could have imagined. One problem is that all this tremendous effort is simply postponing the unavoidable. When decline will start, it may well be much faster than its ‘natural’ rate along the bell shaped curve. This faster decline can be termed the ‘Seneca effect,’ from the name of an ancient Roman philosopher who noted that all things tend to grow slowly, but to decline rapidly.
The Seneca effect is far from being the main problem generated by oil depletion. The real trouble is rapidly emerging in terms of accelerating climate change, with all the costs and dangers involved.

That’s an interesting point—one infrequently noted in the tangle of word bombs lobbed from those who deny we have any oil supply worries and those of us who believe we do.

It’s been duly noted by a number of experts (J. David Hughes being among the many noteworthy analysts who’ve studied depletion and decline rates) that our current reliance on the marvels of hydraulic fracturing (“fracking”) in the tight oil formations which have been providing our recent boost in production is not all sunshine and roses.

Those more expensive wells have depletion rates much, much higher than those found in conventional crude oil fields. The solution: More money for more wells. The problem: More of our money for more wells not nearly as ample in supply or efficient in production potential as the “good stuff” already tapped.

That is not an encouraging pattern, and it’s certainly not a “solution” anyone interested in facts, context, reality, or our future should take much delight in.

As for climate change … come on! We all should know by now that that’s just a hoax perpetrated by tens of thousands of experts who are doing that just to mess with us. It’s not as though expert opinion on the reality of climate change is unanimous.

Just a few weeks ago, Lindsay Adams was nice enough to point out a study conducted by James Lawrence Powell that only 9135 of 9136 articles on climate change by experts in the field (only if those credentials matter, of course) during the twelve-month period ending in late 2013 were in agreement that man-made climate change/global warming is happening.

Facts, Schmacts! Who needs ‘em?

~ My Photo: dawn along Atlantic Ave., Gloucester MA 09.01.10

Light blogging schedule between Feb 13-25 [travel]

I invite you to read my other blogs at richardturcotte.com

New features are debuting at that website:

            * THE MIDDLE AGE FOLLIES

This new column began on February 3, 2014. It’s a slightly skewed look at life for those of us on the north side of 50.

            * THE TRETIAK AGENDA

A political thriller filled with unexpected plot twists and drawn from real world historical events, this eBook is now available for purchase.

TretiakAgendaEbookCoverFinal copy

You can find it here and here.

Excerpts are available at this website, at the link above.

            * LIFE WILL ANSWER

(The inspiration for one of the blogs at that website). This eBook is scheduled for Publication on March 5, 2014

Excerpts are being posted as of January 15th.

Looking Left and Right:
Inspiring Different Ideas,
Envisioning Better Tomorrows

Peak Oil Matters is dedicated to informing others about the significance and impact of Peak Oil—while adding observations about politics, ideology, transportation, and smart growth.