Peak oilists, who gather every year at ASPO-USA, are happy that mainstream media and politicians are acknowledging the concept of diminishing production.
However, they can’t understand why the reaction has been so muted.
Former BP Chief Petroleum Engineer Jeremy Gilbert just gave an excellent presentation that responds to every argument against peak oil and emphasises the need for immediate action.
One person who should listen is former BP CEO Tony Hayward, who claims peak production won’t come for another decade and it won’t come until after peak demand.
Traditional oil production has definitely peaked -- and check out how long it's been declining in the US
Now here's how people deny peak-oil: faith in discoveries, faith in technology, and misreading the numbers
Usually as technologies mature, risks decrease -- but this isn't the case for unconventional oil production
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.