29 Jun '13, 7pm

Peak Oil Isn't Dead, Certainly Not For Prof. Chris Rhodes - EV World: Peak Oil Isn't Dead, Certainly Not For P...

Decline in output from the world's oil fields is averaging 5% per year, with some speculation that we may have reached the global production limit for conventional crude oil. Once the loss in output overtakes what can be provided from unconventional sources, it can be said that we have passed the point of global "peak oil". The exact timing of this will be known only to posterity, but its circumstance is widely perceived as an unquenchable and imminent disaster of planetary proportions, and the "End Times" movement, hard-line Christian fundamentalists, mostly in the US, are rubbing their hands in anticipation of such "proof" that God really did tell us 2000 years ago that the Tribulation would befall us, in preparation for the second coming of Jesus Christ, who would ultimately transform the Earth into paradise. A cynic might say that since these are mostly people who live...

Full article: http://evworld.com/news.cfm?newsid=29663

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theoildrum.com 03 Jul '13, 9am

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