There is a growing consensus among those who follow such things, that the new high of world oil production (87.9 million barrels a day) reached last July is likely to go down in history as the all-time peak.
Last week the International Energy Agency (IEA) in Paris released their annual report on the state of the world’s energy resources — World Energy Review 2008.
Let’s start with the obvious. Unless something very bad happens this year – a big meteor strikes the earth, a good sized war in the Middle East, or a major sabotage operation– we are likely to consume another 31 billion barrels of oil or, as we call it these days, […]
I am frequently asked “What is going to happen to us?” and the honest answer of course is we really don’t know in any detail. The world has never been to peak oil before and there are so many factors that will affect a world in oil depletion, it is […]
Last week I discussed how the great crisis could be thought of as four interrelated sub crises: peak oil production, peak oil exports, climate change, and economic decline. Each of these will have an impact on the others and the order in which they arrive and interact with each other […]
Memorandum for: The Chairman, Arlington County Board Subject: Energy Task Force
Last summer the Commonwealth of Virginia began work on a state Energy Plan in response to legislation adopted in the 2006 General Assembly session. Now it would be nice to think this plan was developed in response to the looming threat of peak oil, but sadly this is not the […]
Last week they took a poll here in Virginia on how the race for US Senate was shaping up. The poll showed the candidates in a dead heat, but the issues section of the story caught my eye. Twenty-three percent said the most important issue was Iraq, followed by terrorism […]
The guns began early. By mid-July, Israel and her various adversaries were locked in combat with bombs falling, rockets flying, reserves mobilizing and casualties mounting. As the fighting increased, observers noted the similarities between the assassination of Archduke Ferdinand in 1914 and the provocative abduction of two Israeli soldiers by […]