The new energy shock

Over the next week, you will read dispatches from around the world and across Canada on how this change is reshaping business and how the energy industry is responding.

In total, we’ve assigned 13 reporters and columnists, four graphic artists and six photographers to explore the transformation.

[An introduction to the Globe and Mail’s series, with a schedule of upcoming articles]

How oil is changing the world

The world’s thirst is not sustainable as experts predict an imminent decline and fall in oil production. In this seven-day series, the Globe investigates what awaits the world as the reserves dry up.

Ed: BIGGEST COVERAGE OF PEAK OIL YET in a mainstream publication. More than a dozen articles appear on the first day of the series.

Oil, Jihad and Destiny: Will declining oil production plunge our planet into a Depression?

Since neither production nor consumption have historically followed a smooth curve – up or down – and since there is an economic interaction between demand, consumption and production, we should expect the peak of consumption to be characterized by a series of alternating cycles. Periods of shortage will be separated by periods of surplus. [Chapters 1 and 2 of Ronald Cooke’s Oil, Jihad and Destiny]

Reversing the Polarity – Bretton Woods revisited?

… The requirement is therefore for an Energy “Clearing Union” comprising all market participant constituencies whether producers, consumers or intermediaries, constituted as an “International Energy Trade Association” (“IETA”) and served by a consortium of providers of services such as communications, technology, risk management and so on.