Newsweek and “Cheap oil forever”

Newsweek’s cover declares that we shall have ”Cheap Oil Forever”. As I began to read the article I was struck by the thought, ”I have heard this before” and a memory of the cover of the Economist from March 1999 with the headline, ”Drowning in Oil” forced its way into my consciousness.

Interview with Colin Campbell

“We face the dawn of the Second Half of the Age of Oil when supply declines from natural depletion, meaning that debt goes bad (as is already happening) and the economy contracts. Today’s oil supply support 6.7 billion people, but by 2050 the supply will be enough to support no more than about 2.5 billion in their present way of life. So the challenges of using less and finding other energy sources is great.”

Peak oil – April 17

Fort Collins Clean Energy Conference hosts RFK Jr., Shell Oil physicist
The 2009 EIA energy conference: day 2
Total, the ‘peak oil’ believer’s favourite IOCTOD: Further evidence of the influence of energy on the U.S. economy
Dave Cohen: Real GDP and the oil shock of 2007-08

The peak oil crisis: sustainability

There is more to the sustainability problem than just renewable energy, transportation and food – and that is our infrastructure. Large agglomerations of people living under reasonable conditions in the 21st simply cannot continue in a healthy, sustainable state without clean water, sewage, electricity, communications, a source of warmth and a transportation network to move life-sustaining supplies about.