American Energy Production Inc(fka AENP)

[ctb]

I don't agree with your article, but if the best the "anti-peak oil" naysayers can do is buy the world "another 24 years", (sound of coughing) then I'd say peak-oil wins.

Read Matthew Simmons work, "Twilight in the Desert" - he's very specific about the big fields around the world which have peaked in the last 30 years. Production numbers don't lie. Neither do rates of consumption.

These two curves are going in opposite directions.

And there have been no new elephant fields brought online in quite some time.

But the issue is also political (read rogue states and terrorism). A few well-placed rockets into any of several Saudi oil terminals would have a devastating effect on world oil supplies.