New peak oil film on CBCNewsworld

Shot in 13 countries over a four-year period, Oil Apocalypse Now? reveals the myths and conspiracy theories surrounding the future of our world’s oil supplies. It includes interviews with over 30 of the most influential people on both sides of the argument to examine if the oil age is coming to an end. The film will be shown on CBC (Canada) in September.

Peak oil, prices, supplies – Aug 21

Jad Mouawad: As oil giants lose influence, supply drops
A few speculators dominate vast market for oil trading
The future is now; the end of cheap oil
Russia sees oil output stalling
Raymond James: State of Russian oil ‘much worse than we would have imagined 6 months ago’

The Long Descent (excerpts from new book)

The Stories We Tell Ourselves: “One of the things that makes our culture’s reliance on the utopian myths of progress and apocalypse so problematic as we approach the end of the age of cheap energy is that both narratives claim to explain the entire universe.”
Tools for the Transition: “One of the most hopeful features of this side of our predicament is that the revitalization of old technologies can be done successfully by individuals working on their own. It’s precisely those technologies that can be built, maintained, and used by individuals that formed the mainstay of the economy in the days before cheap, abundant energy…” (paean to the slide rule)

Oil demand destruction & brittle systems

People think we can insulate ourselves from supply disruptions, from our dependence on potentially unreliable foreign sources of oil, by improving our efficiency and eliminating “unnecessary” oil consumption. In my opinion, this is backward. I will argue that, because the demand that is destroyed first in a free market is the demand that is easiest to eliminate, the resulting consumptive system is more inelastic, more brittle, and more susceptible to systemic shock from supply disruption.