Quote:
If it does exist, when will we reach it and encounter the negative effects?
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When? After we pass it, of course
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Personally, the Peak oil theory passes a priori criteria - and the theory itself is capable of being backed up by data. And there's evidence of it in small scale production.
Of course, living in a western civilization - I'm more likely to believe in it because our geologists follow the biogenic (fossil fuel) theory of oil production. Which is really where it comes down to. If you believe there is a finite amount of oil (biogenic oil production) - there's an obvious peak when consumption is high enough. If you believe in abiogenic production - no peak, perpetual supply (perhaps not fast enough to support demand).
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Time is the best teacher. Unfortunately it kills all its students.
Bike Miles (Begin Aug. 20 - '07): ~433.2 miles
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