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The Latest Oil Glut: Once Bitten, Twice Shy

By Alex Wise, originally published by Sea Change Radio

January 30, 2015

NOTE: Images in this archived article have been removed.

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Oil drilling image via Christopher Halloran / Shutterstock.com

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It comes as little surprise that the author of a book entitled Snake Oil: How Fracking’s False Promise of Plenty Imperils Our Future is a critic of the natural gas industry and a proponent of peak oil theory. With the recent plunge in oil prices, it feels like the right time to check back in with Richard Heinberg of the Post-Carbon Institute and get his perspective on how plunging oil prices will affect the energy and transportation industries. Heinberg and host Alex Wise discuss the impact of cheap oil on the North American natural gas boom, how it may alter consumer behavior in the near term, and the need for sound policy to guide us through the long-term challenge of living in a post-carbon world.

Alex Wise

Alex Wise is the host and executive producer of Sea Change Radio, a nationally-distributed interview-format radio show concerned with the advances being made toward a more environmentally sustainable world, economy, and future.

Tags: Fracking, Natural Gas, oil price, US oil production

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