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More on Peak Oil - Tuesday 24th February 2004
Its happening. Now. Bloomberg is reporting that oil supplies are “down 2.9% from a year ago”, suggesting oil production has already peaked. “‘If we don’t see a few big builds in gasoline inventories in the coming weeks, there’s talk we’ll see huge price spikes this summer because at the moment supplies are worryingly low,’ said Evers.” Expect oil prices to rise, and never fall again. We’ve reached the peak of the bell shaped curve of supply, and demand isn’t decreasing.
As I plan now to integrate peak oil into my dissertation, I have started a blog on the subject. For more on peak oil from me, check out that blog.
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March 8th, 2004 at 11:46am
very interesting!
April 8th, 2004 at 11:20pm
Join others in your area to discussion the topic of the depletion of oil reserves (peak oil) and what can be done to raise awareness about this.
http://OilAwareness.meetup.com
April 15th, 2004 at 8:32pm
WELL FROM MY RESEARCH, I BELEVE THAT HUMANITY IS FACED WITH A VERY MAJOR ISSUE BUT TO MY SURPRISE, THERE IS VERY LITTLE AWARENESS.
April 25th, 2004 at 11:00am
My dissertation on peak oil is now online at http://www.jakeg.co.uk/dissertation/