Category:

Peak Oil = Peak Demand?

This outlook might fly in Disney World, but it is clearly impossible in the Real World. This leaves CERA with a public relations problem. Not only must they disavow their fantasy forecasts, but they must also explain away the fact that world oil production will probably never exceed its July, 2008 peak.

Posted On :
Category:

Items from the Mailbag:

Here in Iraq, I’ve had interesting conversations over the past few days with some of my soldiers. Those exchanges illuminate the problem we face in getting people to understand the gravity of our energy situation. The guys I was talking to are some of my better soldiers; they’re savvy, intelligent, and aware of international issues. We started talking about energy, and the issue of an eventual peak of crude oil production. Most of them didn’t have a problem conceptually understanding that there would someday be a peak and then a decline. But when it came to contemplating and understanding the consequences of that eventuality, there was intellectual disbelief. In their minds, there are too many ‘obvious’ alternative solutions.

Posted On :