Building a world of
resilient communities.

MAIN LIST

 

Australian TV covers peak oil: "Running on empty"

You're about to hear two of the scariest words in the English language — "peak oil".

Effectively, they mean the end of the world as we know it. The point where oil production reaches its absolute peak; the point when supplies start running out. And the doomsayers are convinced we're almost there.

So, if you think paying $100 to fill your tank is painful, I hate to tell you, this is as good as it gets. It'll get worse, much worse.

Two dollars plus per litre by Christmas for a start. Naturally, the oil companies say stay calm. We'll be right for a 100 years at least. But then they would, wouldn't they?

Watch video

To read a transcript of this story, click here.

Editorial Notes: I'm not sure if the segment was planned to end this way, but no sooner had Tara Brown made her concluding remarks, then my computer screen o blanked out and the computer crashed. Presumably it's my configuration. The video seems to require Microsoft products to view; Firefox was not acceptable. -BA

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.

 

This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.

Tags:  

BC Natural Gas Reserves Inflated, Revenues Overstated, Report Finds

Analyst David Hughes offers another challenge to the province's nascent …

Energy Crunch - Businesses wake up to climate action

This week, the Queen's speech assured us that the new government would …

Peak Oil Notes - May 28

Oil prices have fallen for three straight sessions this week closing …

Peak Oil in an Era of Fossil Fuel Abundance

Chris Nelder on why peak oil isn't dead.

Surge in Renewables Remakes California’s Energy Landscape

Thanks to favorable geography, innovative government policies, and …

BC LNG Lost Its Window of Opportunity, Study Finds

The window of opportunity to capture Asian gas markets has eluded proposed …

Peak Oil Review - May 26

A weekly review including Oil and the Global Economy, The Middle East & …