Wednesday, March 22, 2006

Who needs the Apocalypse when we've got Peak Oil?


If you read nothing else this year, this salon.com article on Peak Oil is a must. It didn't require sitting through a free ad for access; but even if it did, the information is worth it.


From page 3:

"The fact is, though, the Cassandras of peak oil are not all wearing fleece and Birkenstocks, and using peak oil as a convenient reason to rekindle back-to-the-land fantasies. They are geologists and energy experts in governments, universities and think tanks. And many of them echo the core conviction of the activists: Oil-drunk America has to go on the wagon or it will soon be heading into a dauntingly thirsty future.

Experts point out that U.S. domestic oil production peaked in the early '70s. The world is expected to consume 85 million barrels of oil per day this year, with the U.S. guzzling some 21 million of that. Even Chevron admits that the era of oil that's easy to extract -- "the easy oil" -- is over. The question of when exactly global production will peak and then slide down the bell curve, with demand outstripping supply, is disputed by geologists, but some believe that it's already here and the world is already experiencing the fallout."


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