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I remember attending a college presentation back in the late 1970s where the speaker predicted that we would run out of oil in the early 200s. He was a proponent of fusion energy.
I took a college geology course in 1973 from a professor who was petroleum geologist, and she claimed we were at peak oil *then.*
My understanding is that the US recently surpassed the 1970 peak.
Conventional oil production. The US has never and will never surpass its 1970 conventional oil production peak (ie, not including shale and offshore oil, because those are unconventional sources of oil production).
That doesnt make any sense. Just because things dont grow forever doesnt mean that your ability to benefit from them is finite. You chop down a tree, plant a new tree. Your supply in infinite for the purpose of this conversation. Just because I dont grow taller and taller until I am the size of a planet and beyond doesnt mean the supply of humans is finite. We make more humans, those humans make more humans and so on. The human supply is infinite.
You can only plant so many trees at once. The rate of tree planting if fixed. Therefore no infinite growth in the lumber industry.
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