VHeadline.com oil industry commentarist Andrew McKillop is in California to promote his book, ‘THE FINAL ENERGY CRISIS,’ published by Pluto Press and the University of Michigan Press (ISBN 0745320929), based on an outline first invited and accepted by the publishers in June 2001.

‘THE FINAL ENERGY CRISIS’ is scheduled to go on sale in September … in itself a kind of record in the slow and inefficient publishing business, which is suited to another and slower age … like that which looms after the Peak Oil scenario.

On this subject, precisely, the known and respected industry publication ‘Oil & Gas Journal’ chose … or dared … to use a lead article in a recent issue and said:

Andrew McKillop, an energy economist and journalist has held a number of posts in national and international energy, economic and administrative organizations including the OAPEC Kuwait and Abu Dhabi oil technology tranfer entity AREC, UN organizations including the ILO, national energy planning and management entities including the Papua New Guinea energy department, British Columbia Hydro & Power, the European Commission’s DG-XVII and elsewhere. A founding member of the Asian Chapter of the International Association of Energy Economists, and the first Energy Editor of E R D Goldsmith’s magazine ‘The Ecologist’ he conducts studies, consults and writes on the oil price/world oil demand relationship, renewable energy and conservation, and on the upcoming and urgent need for energy transition through international cooperation.

Andrew may be contacted at US telephone number (505) 632 1396 until July 20, thereafter in California at telephone (619) 284 6055.

* He is available for meetings, seminars, conferences and/or studies addressing the most urgent of the multiple crises facing us all i.e. declining cheap energy availability and its threat to world peace and stability.

In these past few days the IEA has come out with yet another upward revision for the rate of world oil demand growth, now forecasting a growth rate of 2.5% for 2004 (while being obliged, in the interest of talking down prices, to forecast only 2.2% growth in 2005). In total … over two years … this gives a 2-year figure of about 4.9% growth on a base of end 2003 to end 2005

The IEA and US EIA’s various pronouncements on actual and current world oil demand are in a range of about 81-82.4 million barrels per day (bpd) … so we can take it that for the period December 2003-December 2005 we are looking at a growth in world demand of about 4-4.5 million bpd or about one-half of Saudi Arabia’s total production capacity.

With these kind of figures we don’t have to wait long for Peak Oil to become a reality.

Provisional email address:
Andrew McKillop ldcdnd@globespeed.net

VHeadline.com commentaries by Andrew McKillop