That's what overprivileged oil barons want desperately for everyone to blindly assume, lest the price-gouged masses hold them accountable for creating artificial scarcity
Unfortunately, it appears that those who've bought into the peak oil myth would sooner say 2+2=5 than swallow their precious egos and admit to having been punked by yet another elite-funded public relations con game.
Ummm, looks to me like you're the one who got "punked". From the very first post in that thread:
In his 1956 paper, Hubbert wrote:
On the basis of the present estimates of the ultimate reserves of world petroleum and natural gas, it appears that the culmination of world production of these products should occur within a half a century (i.e., by 2006).
So get in your Hummer and take your last drive, Clive. Sometime during 2006, we will have used up every last drop of crude oil on the planet. We’re not talking “decline” in oil from a production “peak,” we’re talking “culmination,” completely gone, kaput, dead out of crude--and not enough natural gas left to roast a weenie.
That's a pretty blatant misrepresentation of Hubbert's argument. Hubbert was talking about the culmination of production
. He wasn't saying it would be "all gone" in 2006.
I stopped reading after that.
(And this, in a nutshell, is why I hate "conspiracy theorists". They don't do the research, they don't unravel disinformation, they just see what they want to see.)