I think you should familiarize yourself some more with what fracking is if you think it solved anything regarding oil. We just swapped out our straw for a thicker one, but the milkshake hasnt gotten bigger.
Fracking (and Canadian oil sands) have raised the known extractable reserves considerably. While photovoltaics arguably will drive peak oil within a few years, the amount of oil that we know we could extract is higher now than it was in 2010, and was higher then than in 2000, and so on back to at least the 1960s. In retrospect, there was never any real danger of oil running out before we largely moved on to other energy sources.
* The knowledge abut the actual size of the milkshake has increased,
* The actual size of the milkshake has not increased, a decade and more of extraction has continued to decrease that actual size,
* The cost per unit of extraction has increased,
* All extraction of fossil fuel continues to contribute to an ever increasing real and serious problem with increased insulation in the atmosphere.
Peak oil was never about "oil runing out", it was literally about increasing costs for diminishing returns .. an asymptotic issue that never ends, just dwindles.
randallsquared|4 months ago
defrost|4 months ago
* The knowledge abut the actual size of the milkshake has increased,
* The actual size of the milkshake has not increased, a decade and more of extraction has continued to decrease that actual size,
* The cost per unit of extraction has increased,
* All extraction of fossil fuel continues to contribute to an ever increasing real and serious problem with increased insulation in the atmosphere.
Peak oil was never about "oil runing out", it was literally about increasing costs for diminishing returns .. an asymptotic issue that never ends, just dwindles.