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GAIA Host Collective
If I recall from comments for the last report, C+C was including Tar Sands. If that was/is the case, nobody with a brain would be saying that because minus Tar Sands, the peak is still May 2005.
Tar sands are to oil what peanuts are to peanut butter, no? The two are not, and never will be, equal. Include Tar Sands in all liquids with my blessings, but to do so with crude is bull.
Cheers
Since Economic Growth is Energy Growth times Energy Efficiency Growth, May 2005 is still the end of Economic Growth.
The economy has momentum. Without increasing energy or increasing efficiency that momentum is decaying. This momentum decay is visible in home foreclosures:

Most succintly put. Where is this originally posted?
And why aren't more of us promoting this PO attribute?
Carl