The Saudis are blowing smoke again

Shortly after the oil price shattered the record inflation-adjusted high set in 1980, OPEC decided to sit on its hands and let events take their course… Despite some financial considerations, most of the oil price results from a fundamental disequilibrium between supply and demand in the oil markets.

Pieces of the puzzle

Too much discussion about responding to peak oil has focused on finding a single solution to the complex predicament we face. Start with the recognition that we don’t have any models for a sustainable technic society to work from, and a more flexible (and arguably more successful) strategy comes within reach.