By Wayne Slater / Reporter
The Dallas Morning News
“It sounds like heresy but there’s a discouraging word coming out of energy-rich Texas: the days of booming oil production are almost over. A group of scientists, scholars and energy activists is meeting this week at the University of Texas to discuss what they see as an impending global decline in oil production. That would mean higher prices, more conservation, an emphasis on alternatives and lots of lifestyle changes. That’s not something people want to hear – or that politicians are inclined to talk about, which has made it difficult to advance their message.
It’s a big debate. Optimists say, no problem, there’s plenty of oil underground — so much so that the U.S. will soon overtake Saudi Arabia as the world’s biggest producer. That’s the prediction from the International Energy Agency. On the other side are the peak oil advocates who arrived on the UT campus this week with facts, figures, scholarly papers and a dire warning – the end is near, like it or not.
“Why do smart people believe we have an infinite amount of energy?” Houston geologist Arthur Berman asked at Thursday’s opening of a conference sponsored by the Association for the Study of Peak Oil & Gas…”