Of course you won’t see this article picked up in the US, and you surely understand why–most American media is advertiser-supported, and the biggest chunk of revenue is car-and-suburbia related. My local paper has a 100+ page friday supplement that is just about car sales. American msm is far too invested in the car to ever deal with this subject. Sammy’s used cars will be advertising on TV until the last quart of crude pours out of the ground.

which is why I read Max Keiser.

Peak oil is a fact they ain’t making any more. The abiotic stuff might be real but it will take another billion years or so be for it is economically pooled and drillable.

Also with China and India coming on-line even if the oil production was flat (it ain’t) there are 10x the number of consumers.

As my nickname indicates, I am in California, where “coal” is something one might get in a Christmas stocking. But, oh boy, are we dependent on oil, just for transportation.

I just don’t want to support Al Gore and his cheesy-buggster train of Corporate OOZE lying about facts and figures and getting Nobels from the real criminals who are set to decimate Africa and Asia. The movement for clean energy has been absconded.

The lower quality oil sources take much more energy input to extract the oil. As the energy required to extract the declining sources increase, the cost of the end product must go up. At some point, we will reach 1:1 and oil will no longer a viable energy resource.

Good luck, bury your head in the sand (oil sands please).
The oil finds that you all point to are called giant in the MSM, but are in fact insignificant in economic terms. Secondly, these new finds are extremely expensive.