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Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

Peak Oil isn’t Dead

I get lots of interesting material sent to me by readers and it doesn't seem fair to keep it all to myself. Here's a piece that takes the other side of my YES answer to Is Peak Oil Dead?

Peak oil isn’t dead: An interview with Chris Nelder

I'm not retracting anything from my recent talk. I think that the gloom and doom has been overdone on oil supply (and climate change). I like much of what Nelder says, I just think that we need to be realistic on timing. While everyone is focussed on the supply from shale oil, they're missing the large EOR prize that companies like my client, Wavefront Technology Solutions Inc. (WEE.V) are digging into.

Basic research will provide a better payback than throwing public funds at not ready for prime time projects.