evil CERA

I know this is not exactly preparing for peak, but it's pretty important in the big scheme of things for society and all.

In case you hadn't heard, you should be aware of a recent CERA (Cambride Energy Research Associates) report.

This is actually very long recap of their official report (which costs $1000). It's a bashing of Peak Oil theory, which is something they're always trying to do.

I suggest you take a read, and note the language they use. It's so thick with language such as "..the peak oil argument is based on faulty analysis..." it's almost humorous. I suppose they think if they repeat the same thing over and over, it'll become true.

Don't believe it though - CERA gets paid lots of $$ from governments and big companies, and peak oil is definitely not something their clientelle wants to believe. No matter what their data actually say, they're not going to risk pissing of their clients by telling the truth. Here are Tom Whipple's thoughts on the subject.

Bottom line: Look into the data yourself. Don't buy obviously biased arguments one way or the other, dig into the data and decide for yourself. Start with Hubbard and go from there.

P.S. And if you think there's some legitimacy behind CERA's absurd claims, read Kunstler's opinion .