Something to think about at the gas pump

In the June issue of National Geographic, you can read an article called, “The End Of Cheap Oil.” For the opposite perspective, read “Never Cry Wolf — Why The Petroleum Age Is Far From Over” in the current issue of Science.

Is the party over?

The following article was first published by Frankfurter Allgemeine Sonntagszeitung on Sunday 23 May 2004.
 
Oil is scarcer than ever.  The price for petrol is at record levels.  The economy, consumers and of course politicians are all worried.  Therefore, an urgent appeal to oil producing countries has been made to pump more into the market so that prices once again fall.  As in the past, this could happen again; but next year, perhaps, no longer, and thereafter, never again.