For those without a strong geography background, the last pic is of Mt. Misterty.

Jiggs has evolved from saying there is too little oil to becoming an environmentalist. It is nice.

Actually, no... deep thinker... They are one and the same, not either or.

You continue to embarrass yourself as you reveal your meager understanding of the subject matter.

Let's review, and perhaps you'll get it this time: ... There is too little easy, cheap oil... There's plenty of crap oil that will ruin the biosphere much faster, as well as bankrupt the global economy.

Pics from here.

Mexico City is pretty amazing.


http://www.independent.co.uk/news/wo...-10225680.html

Really?!? "Mt. Misterty" was pure gold in my head.

I expected at least a guffaw.

Too busy giggling at jiggz

It's cool jiggs, I'll keep investing my money every month as I earn it. And you keep saving up for doomsday. Check back in 30 years and see who is ahead.

To you this is an emotional argument. To me it is an amusement. Realize this.

Yes, I've often advised trolls like you to keep your money right where it is ... in all the obligatory dumb places that assume infinite growth. There are legions of you. You're actually the main drivers of the problem in the first place.

Not that you'd ever admit how much you've lost when the crash of the bubble economy that you worship does indeed come.

You'll slink off quietly in unaccountable shame. But you'll remember this thread. And you'll still pretend that what caused the next crash was some other symptom (of the same underlying diagnosis that you're too arrogant to recognize). Priceless.

LOL... You keep telling yourself that, mired in the first stage of grief as you likely are - that being denial. Meanwhile, I'm over here at acceptance.

You'll learn how "emotional" refusing to be smart with your money will wind up being. Please don't move. You're in perfect position to be a poster child.

In any event, you're still not able to admit that you don't understand what net energy actually entails, nor can you effectively explain how it's somehow not shrinking rapidly before our very eyes. ... So to mask your shortcomings, you just type "technology" and "innovation" a lot - without understanding what they mean - and pretend net oil depletion just doesn't matter. Now THAT's amusing.

Yes doubling my money these past five years has been a real hardship, lol. Times are good in the gated community!

Did someone really say the global economy is strong? lol

Compare investment accounts now and in 5 or 10 years. Via pm of course. I'll gladly do this! Will you?

most wouldn't dare assert such idiocy...

but their trollish behavior in the face of obvious hard natural limits screams that they do feel that way. Cornucopians are called "Team No Problem" for a reason.

Tldr since lol peak oil given current massive oversupply, but I take it jigs walking back 2015 being the year this comes to a head because....reasons/gated community overlords, and that somehow proves the economy is about to crash and he is right because blah blah blah some useless link he doesn't understand?

tl;dr by "massive oversupply"...

do you even concede that the demand side of the equation has been hammered? or is it all supply overconfidence here?

you should keep saying "glut" a lot too. Not that you understand where storage figures even are.

Ultimately, there is no "oversupply" ...

So dire 2015 walked back yeah?

Group of researchers (Stanford, Cornell, UC Davis among others) have outlined plans for every state and many countries for 100% renewable energy, all uses, by 2030 (maybe 2050 - seen two different sources) using existing technology.

http://web.stanford.edu/group/efmh/j...ate-plans.html

Largest earth structure in the world (as of 2001 anyway) is a dam in Alberta, up to 288' tall and over 11 miles long, built to contain oil sands tailing water.

http://en.m.wikipedia.org/wiki/Syncrude_Tailings_Dam

Data showing demand side has been "hammered" plz.

absolutely not... 2015 is the inflection point long predicted... and its right on schedule. ....

Everyone understands your painfully slow learning curve on this subject matter by now, but there is a short lag time on the affects of shut-in production. In any event, we'll never get to the 100M barrels per day your heroes at Goldman et al insist we'll be at very soon.

We also understand your religion's dogma proclaims in tenet No. 1 that if it doesn't happen overnight, it must not be happening.

"Economics – the only branch of the so called social sciences that never self corrects, never admits a wrong, never predicts anything except growth, never predicted even one crash, never makes correction to it’s mistakes. It’s absolute, just like every other religion."


It's also noticeable that you didn't have the courage to answer my question to you in the previous post. I'll go ahead and assume you view this all as 100% supply abundance and 0% demand destruction. Dumb gonna dumb.

Obviously not, but Im just excited you discovered oil follows the rules of supply and demand. Not a bad start.

How do we know it's the inflection point? What is the data that shows this (including showing that its 2015 and not 2014 or 2013)?

What happened to:

you mean besides the unprecedented 50% drop in rig count in the only country that has represented global production growth for years?



I know you believe in econ fairy tales, but they didn't suddenly get 100% more efficient with each well. U.S. production is headed downward this year. Mark it down, dude. (It already is)

Hasn't changed. We're still not at 95M. Even though your heroes (EIA, IEA, CERA) all insisted 8-10 years ago that we'd be at (at least) 98M by now.

But I understand. When I'm off by an hour, or a barrel, your rationale is "lol jiggs." When international energy agencies are off by 5-10M barrels, it's "efficiency gains tho." ... Got it.

I love the stats Jiggs cherry picks to back up his argument.

I love how you routinely get cryptic after you demand data, it's then provided, and you're left with no way to spin it.

Go ahead and spend some teh Googlez time and see what you can find. Surely a 50% drop in rig count is no indication that U.S. production is soon to fall. It's gotta be out there, if you just look hard enough. Make sure you include the keywords "efficiency gainz" in your search.

Your entire "No Problem," "Supply/Demand tho" rationale for denying peak oil's CLEAR arrival is in a great deal of jeopardy, and I think you know it.

You guys are gonna need to trump up some new, situational horse**** "ban jiggs" charges in order to make sure I'm not around by this time next year.

Yellen: "(lower gas prices are) certainly good for families. … It’s like a tax cut that boosts their spending power.”

Lafakis (Moody's): “Lower oil prices are an unambiguous plus for the U.S. economy.”


Economy shrinks to 0.2% growth in 1Q

Lafakis: “So far, it is fair to say that we have been hurt more than helped.”

Ya think? Forward thinking economists (yes, some exist) are starting to understand net energy decline, and the industry's value to the economy.

Jim Burkhard (IHS Energy) “The benefit of lower oil prices is less pronounced than, say, 10 years ago. You’re taking a big engine of economic activity and cutting it sharply.”