End Of Cheap Oil, End Of Road For Ruinous Lifestyle

[4dsc]

"Every serious discussion of the environment ... is ultimately about oil, whether it specifically mentions oil or not," Owen writes. The explosive growth and general prosperity of the past century have been made possible by the "prodigious abundance" of oil; the problems of the coming century will involve "oil's increasing scarcity and cost."

Owen is not a crank or true believer about peak oil; he reports that the decline of oil production has been predicted for nearly a century. He looks at what we know for sure: However much oil is left, it's being used up at a rate of about 350 billion gallons a day; it's getting more expensive to produce; and demand is growing as China and India push ahead to repeat America's mistakes.

About two-thirds of all the oil produced in the U.S. and Canada goes to transportation, mainly cars, "a use for which there is currently no attractive fuel substitute."

http://www.courant.com/news/opinion/editorials/hc-plc-condon-dave-owen.artnov08,0,5274266.column

Are we living in interesting times or what??

[GliderGuider]

1. Interesting indeed

Get 'em while you can. Help drive the world off a cliff at 407.9 kph.

[tom_paine]

3. But do we look GOOD while driving off said cliff?

We monkeys must keep our minds focused on issues of Monkey Import. :evilgrin:

Hope u are doing well, Paul.

[GliderGuider]

4. Doing better than ever

Thanks for asking.

[The_Commonist]

2. I just finished watching The End of Suburbia...

...about an hour ago.

http://www.endofsuburbia.com/

[bhikkhu]

5. "Every serious discussion of the environment ... is ultimately about oil...."

and every serious discussion about oil is ultimately about population, whether it mentions it or not.