Unfortunately two of the three graphs are unreadable, but still the essay is well worth reading for Orlov's perspective on post peak oil supplies that differs from many other views.
If you are familiar with his writings at all, you know that he has a very pessimistic view of the future with declining oil supplies. In short, he is often referred to as a "doomster". However, he assumes, at least in this article, that we continue with the same economic system of capitalism which can only exist within a world of unlimited resources. Our world has never been that, but we have been blessed with a lot that has provided many humans with the delusion of unlimited resources.
Now surely with humans having such a marvelous brain, they can easily figure out that continuing with capitalism is asking for doomsdays, and then decide to design a system that allows them to live within ecological and sustainable limits.
...Peak Oil theory has been quite good at predicting the depletion profile of certain stable and prosperous countries and provinces. But these predictions become meaningless when extrapolated to the world as a whole, for one very obvious reason: the world cannot import oil.
