Comments on: Review June 14, 2010 http://www.aspousa.org/index.php/2010/06/review-june-14-2010/ Truth in Energy Wed, 08 Feb 2012 12:38:09 +0000 http://wordpress.org/?v=2.6.2 By: Richard Eis http://www.aspousa.org/index.php/2010/06/review-june-14-2010/#comment-4092 Richard Eis Wed, 16 Jun 2010 11:53:54 +0000 http://www.aspousa.org/?p=3728#comment-4092 I think a lot of british pensioners are going to be going hungry this winter. John, the pinch is already happening. It's been slowly going on for the last 10 years or so. Defining moments are simply fun trivia for historians. I think a lot of british pensioners are going to be going hungry this winter.

John, the pinch is already happening. It’s been slowly going on for the last 10 years or so. Defining moments are simply fun trivia for historians.

]]> By: John Cook http://www.aspousa.org/index.php/2010/06/review-june-14-2010/#comment-4090 John Cook Tue, 15 Jun 2010 14:21:40 +0000 http://www.aspousa.org/?p=3728#comment-4090 Tom, I have been looking at peak oil since I attended a talk by Kenneth Deffeyes at Princeton, NJ in 2005. From his expertise I believe him when he said the world has already reached the half way point. Put simply: that there was roughly 2 trillion barrels of usable oil and the world has already used 1 trillion. Which means the world has a lot of oil left. But logically speaking at the rate the world is using it, it won't be very long before the average person will start feeling the "pinch". The question is "WHEN" will the "pinch" be starting. At the present time all I see is "rhetoric" from both sides. The price at the pump is now down to $2.45 at least in Central New Jersey but that is still high. Most people think that I am a little "off" when I mention "peak oil". Is there any way that we can "talk about" when the "pinch" will begin? Is there enough information out there to even suggest "WHEN"? John Tom,

I have been looking at peak oil since I attended a talk by Kenneth Deffeyes at Princeton, NJ in 2005. From his expertise I believe him when he said the world has already reached the half way point. Put simply: that there was roughly 2 trillion barrels of usable oil and the world has already used 1 trillion. Which means the world has a lot of oil left. But logically speaking at the rate the world is using it, it won’t be very long before the average person will start feeling the “pinch”. The question is “WHEN” will the “pinch” be starting. At the present time all I see is “rhetoric” from both sides. The price at the pump is now down to $2.45 at least in Central New Jersey but that is still high. Most people think that I am a little “off” when I mention “peak oil”.

Is there any way that we can “talk about” when the “pinch” will begin? Is there enough information out there to even suggest “WHEN”?

John

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