Nine reasons the peak now looks more imminent

When Richard Heinberg wrote The Party’s Over he expected that global oil production peak would most likely to fall within the window of 2006 to 2015. These days (18 months after the book was finished) he’s “more likely to say 2006 to 2010.” Here’s nine events which explain that.

Skids are Greased for Oil Crisis

When geologists speak of Hubbert’s Peak, they’re not talking mountaintops or hairdos. They’re referring to a time – maybe not so far off – when the world will run out of fertile new oilfields and new ways to recover oil, and petroleum supplies will begin an inevitable and maybe very fast slide.

Endgame in Iraq

The installation of the Ayad Allawi government in Baghdad may only increase the chaos in the country, which faces the prospect of internal conflicts and balkanisation.