@Angle Solar becoming much cheaper may have delayed the crisis, and also the move to electric cars. But mainly, demand dropped and brought down prices.

@Angle I think Global Warming rendered 'peak oil' mostly irrelevant.

That and fracking.

And blue diesel has a good chance of doing it even moreso.

(I really hope blue diesel can give us a sustainable solution to the jet fuel problem. Sometimes I want to jump up and down and scream and break things over the legislature's head until they pass a carbon tax. It's just /so/ frustrating!)

But, as a fox, I reject screaming and breaking things as worthwhile political discourse :)

@Angle peak oil still is a problem, but few more problems joined force. fracking actually did not have a too big effect, because it is more a short term minor solution for and with investment scams than a useful counter strategy to Peak Oil.

@Angle Oil got more expensive, we found lots more of it that was available through new technology (fracking, better offshore drilling), and the world didn't end.

@Angle Supposedly a Saudi Oil Minister once said, "The Stone Age didn't end because the world ran out of stones, and the Oil Age won't end because the world runs out of oil."

Technology is the real driver, exposing new deposits, making the economy more fuel-efficient, hopefully replacing fossil fuels as a major source of energy.

#petroleum

@Angle
I believe the deadline got pushed back, yeah.

@Angle The last estimate I saw was that shale-oil was estimated to push the supply out another century. That may just be megacorp propaganda though.