Duke Leto wrote: Granted Brian, but I think we can agree that unless Eric and the team succeed, there must logically BE a bottom, by virtue of the mere fact that Petroleum is finite and demand is increasing in the long term.
Sheer Malthusian nastiness predicates it.
Oh, yes; no one can top my enthusiasm and hopefulness about FF’s direct and indirect consequences. Why, I even believe it might save us from the rampaging malignant foolishness of That One!
As for oil’s bottom, and substitutes therefor, there are many possibilities, including gene-cloned tobacco and potato plants producing biodegradable plastics and hydrocarbons to order, and advanced reprocessing tech that can take just about any organic waste as input, etc.
But I strongly doubt that Peak Oil will truly occur in the foreseeable future.