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View Diary: Peak oil: BP, Conoco and IEA all say it's there (299 comments)

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  •  Not really, (4+ / 0-)

    because Brazil's new field isn't very big. In fact, the last discoveries of giant oil fields were Prudo Bay Alaska, and the Northshore oil discovery...both of which bailed the Western world out of the 70's oil crunch and convinced Americans that Ronnie was right...we didn't need to change our behavior. With the chances of any more truly giant fields being discovered being less than zero, it may well be too late for us to make enough changes to keep civilization from crashing.  

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