Summary: The peak oil hysteria provides rich lessons for us today about learning from activists and the value of listening to our major professional institutions. Easy cynicism led people to believe outlandish forecasts, wasting valuable time and resources. Worse, we have had many such barrages by doomsters -- aided by their clickbait-seeking enablers in the … Continue reading Lessons from the hysteria about peak oil (2005-2013)
Important news! Hot! Significant! Just off the presses, posted at hundreds of sites on the Internet... "Connecting The Many Undersea Cut Cable Dots", by Richard Sauder, NPC Intelligence Associates (4 February 2008). The last week has seen a spate of unexplained, cut, undersea communications cables that has severely disrupted communications in many countries in the Middle … Continue reading Cable Cut Fever grips the conspiracy-hungry fringes of the web
Many in the Peak Oil community have trumpeted the rise of oil prices from their 1990's average of aprox $20 (measured by West Texas Intermediate, aka WTI). For example, note these posts at The Old Drum: The Bet Oil Price Touches $100 a Barrel; Signal of Pending Oil Shortages Ignored Holding Daniel Yergin and CERA … Continue reading More good news about Peak Oil, on the demand side
Forecasts of oil production are converging as better data and analysis eliminate many possible scenarios -- including the apocalyptic ones so beloved by doomsters. The experts in this group look for an imminent (starting somewhere in the next few years) peak in liquid fuels (petroleum & biofuels) production, followed by either a long plateau or a slow decline. These five … Continue reading Good news about Global Oil Production!
Summary of Part I in this series about Peak Oil Peak Oil is coming, very likely sometime in the next 20 years. It could happen today. This will force a major transition in the global economy; as a "crash program" for adaptation will take roughly two decades. We need to start now. We need much more … Continue reading More answers about Peak Oil! (or just better phrased questions)