31 Aug '15, 12am

#peakoil US Oil Production Nears Previous Peak: The EIA’s Monthly Energy Review came out a couple of days ago....

#peakoil US Oil Production Nears Previous Peak: The EIA’s Monthly Energy Review came out a couple of days ago....

The main stumbling block, as noted above, is not the fact of the decline in world oil production, but the related fact of the impracticality of alternative energy. Alternative sources of energy do have certain uses, and they always have had, especially in pre-industrial societies. However, it is not possible to use non-hydrocarbon sources of energy to produce the required amount of energy, and in a form that can be (1) stored conveniently, (2) pumped into cars, trucks, ships, and airplanes for the purpose of long-distance transportation of goods and people, (3) converted into a thousand everyday products, from asphalt to pharmaceuticals, and (4) used to run factories—and which costs so little that it can be purchased in large quantities on a daily basis by billions of people.

Full article: http://peakoil.com/production/us-oil-production-nears-pre...

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