Click on the headline (link) for the full text.
Many more articles are available through the Energy Bulletin homepage
The end of cheap oil?
Editorial, Dallas Morning News
… Is this the start of the predicted peak oil catastrophe? It’s hard to say, given that the role of speculators and the weak dollar in the current oil spike is unclear. But peak oil theory, once a fringe phenomenon, is now taken more seriously. Peak oil advocates hold that the global supply of oil that’s economically feasible to extract and refine has passed its “peak,” and is in permanent decline.
Meanwhile, global thirst for oil is exploding – especially from China, on track to double current U.S. consumption by 2030. Absent abundant new discoveries, scarcity is going to make the price of oil nightmarishly expensive.
Our economy and way of life – especially in sprawling, car-crazy North Texas – depends on a steady and affordable supply of oil. It can’t last, because oil is not an infinite resource. We might not be at the end of the cheap oil era yet, but when that day comes, its dawn will look something like what we’re living through today.
We must start transitioning to a far less oil-intensive way of life. It can’t be done overnight. Complacency is our enemy. Politicians, business leaders and every single one of us should read the signs of the times, and get on with it.
(26 May 2008)
Jeffrey Brown (“westexas”) writes on The Oil Drum” that “Rod Dreher, one of a tiny number of Peak Oil aware journalists willing to write about it, wrote the editorial.”
Hear, hear, Rod Dreher!
Peak Oil on Dutch Television (YouTube)
Nova via The Oil Drum: Europe
Last Friday our blogger Rembrandt was interviewed about Peak Oil on the Dutch Television show NOVA. About the rising price of crude in light of his upcoming book ‘The Permanent Oil Crisis’, the first Peak Oil book to be published in Dutch in the beginning of June.
With thanks to Freek Blauwhof for adding subtitles.
(26 May 2008)
YouTube and discussion at original.
The Bullroarer
Phil Hart, The Oil Drum: Australia/New Zealand
Hard to know where to start; if only they had all been reading The Oil Drum.
We’ll start with some productive articles before more pandering…
(26 May 2008)
Excerpts/links to articles on peak oil and energy prices in the Australian press.
