We should care about it. Here's why:
Preventing the Gates of Hell from opening.
fasteddynz.substack.com
Ah. So typical peak oil scaremongering. I think for one we agree in opinion about the political faction who leads in this, and their motives for it being retarded and/or malicious. So, why take their scaremongering as a fact, plus mixing in a bunch of other theories of questionable validity just to make absolutely sure that there is a mistake or two in the reasoning?
For one the data is skewed by most western countries that have oil fields either reducing production, or at least not surveying for further oil out of purely ideological reasons. So, take your questions for the likes of
these people. Same ones who stall and red tape nuclear power in the West by the way.
Now that's one hell of an economic anomaly. It's not like South Korea has access to space alien technology that makes nuclear power plants cheaper, in fact they either buy components for those in the most expensive country on the list, or would sell them to it as gladly as they sell all the Samsung products.
Somehow Japan, China and India also have access to such secrets.
Can you imagine the outrage if for some reason the same GPUs or smartphones would cost 4x more in EU and USA than they do in SK and Japan?
Methinks the fault lies with politicians and bureaucrats exclusive to the high end of the list that should not be entrusted with any task more important than counting penguins in the Antarctic, that for some strange reason are given cushy jobs in managing the energy industries of many countries.
Now that we have established that the obvious alternative to oil is being politically decreed to be expensive and slow....
How can you trust the same people that the "peak oil crisis" is also something natural, real and unavoidable?
After all, if they worry about an energy shortage crisis, why are they artificially blocking the most obvious solution to it?
OTOH if they want an energy shortage crisis and artificially ruin at least one energy sector to make it sting, how can you believe that they aren't doing exactly the same thing to the oil sector too (while proudly virtue signalling that this is what they want and should do), perhaps even bullshitting the whole crisis into existence in the first place?