The rules of Peak Oil

Inspired by this piece at the FT:

(Puts on his best Dylan Moran as Bernard Black from Black Books accent. Points to chalkboard that has a numbered list, the items being an illegible scrawl, though.)

Listen, darlin’, the rules are PERFECTLY simple:

1. An increase in production is evidence Peak Oil is confirmed.
2. A decrease in production is evidence Peak Oil is confirmed.
3. An increase in price is evidence Peak Oil is confirmed.
4. A decrease in price is evidence Peak Oil is confirmed.
5. An increase in ERoEI is evidence Peak Oil is confirmed.
6. A decrease in ERoEI is evidence Peak Oil is confirmed.

…and… all those other rules, too. No timewasters, right? Carry on, then. Where’s the wine?