"Peak oil 'theorists' dying out, like the Flat Earth Society."

Colin Sullivan on EnergyWire: “The theorists wrote books and rose high in academic departments. …..They found themselves at the vanguard of a movement that essentially said, “Oil is finite, so pay attention!” ….There’s one big problem: Those behind the theory appear to have been dead wrong,” “….at least in terms of when the peak would hit, having not anticipated the rapid shift in technology that led to exploding oil and natural gas production in new plays and areas long since dismissed as dried up. / A much-quoted study released by Harvard University’s Kennedy School last summer tells a tale that directly counters the peak-oil concept. According to Harvard, the current decade is likely to witness the most significant worldwide oil production increase since the 1980s. “Contrary to what most people believe, oil supply capacity is growing worldwide at such an unprecedented level that it might outpace consumption,” wrote lead author Leonardo Maugeri, a Harvard fellow and Italian oil executive. “This could lead to a glut of production and a steep dip in oil prices”.” ….When asked whether the trend is really that clear-cut, a slate of experts from universities and think tanks agreed: The peak-oil concept is increasingly out of date less than a decade after its proponents said global output would surely hit the halfway mark. And few of these sources came from what one would think of as traditionally right-leaning or “pro-energy” institutions. …But where are the peak oilers to rebut these claims? The answer is that many appear to have vanished, fallen off the map or shifted their views, or just don’t want to talk about it. …..Among other numbers, Swenson was informed that the Congressional Research Service recently reported that the United States in 2012 pumped 6.2 million barrels of oil daily, well up from 5.1 million barrels in 2007. That’s the fastest five-year production increase since the oil industry began operating in the United States back in the 19th century. …According to Berman’s math, there is about eight years’ worth of shale gas available in the United States — making him one of the lead skeptics when it comes to the shale revolution.
Another still-active peak oiler, geoscientist Jeffrey Brown, says the problem with the macroeconomic picture on crude is it fails to break down oil into its correct subcategories. That would include pure crude oil plus crudes that consist of condensates and “petroleum liquids,” or natural gas liquids.
“Even if we include condensate, I estimate that global crude plus condensate production only increased from 73.8 mbpd in 2005 to about 75.5 mbpd in 2012 (a rate of increase of only 0.3%/year),” he wrote in an email. “….In other words, so far, contrary to conventional wisdom, the peak oilers have been right about their concerns regarding a near term peak in crude oil production.”