02 Oct '11, 6pm

Crisscrossing the Rubicon of peak oil | Energy Bulletin: Crisscrossing the Rubicon of peak oil. by Kurt Cobb. In...

In the minds of many of those concerned about an imminent rendezvous with peak oil, the day the world slides past the all-time peak in oil production will be a fateful and irreversible crossing. After it all the calamitous predicted consequences of the ensuing decline will become obvious--financial collapse, unaffordable energy prices, shortages of food and other goods dependent on cheap oil, and mounting unemployment to name a few. And, the cause of these effects will be plain for everyone to see. But even as some of these symptoms begin to manifest themselves, the public remains ignorant that stringency in oil supplies lies at the heart of them (though peak oil is admittedly part of a complex web of problems related to our broader energy and resource use). Why is this so? From the long view the level of oil production on a graph in this decade may well look like a peak. ...

Full article: http://energybulletin.net/stories/2011-10-02/crisscrossin...

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