Is anyone here familiar with the ETP model of oil and it's consequences?

Here is a brief summary:
http://www.thehillsgroup.org/depletion2_022.htm

There is some heavy science and economics involved. The consequences are profound, but the difficulty of the theory means that it is not readily accessible. I see this as a very high risk, like an approaching cyclone that noone can see coming.

Kano2016-11-27T15:27:35Z

This is from 2012 it was around $100 per barrel and they projected the price of oil to continue to escalate.
They were wrong, oil dropped to $40 a barrel and currently is at $46
Another model prediction failed