The Pentagon v. Peak Oil

That global oil output will eventually reach a peak and then decline is no longer a matter of debate; all major energy organizations have now embraced this view. What remains open for argument is precisely when this moment will arrive. Some experts place it comfortably in the future — meaning two or three decades down the pike — while others put it in this very decade. If there is a consensus emerging, it is that peak-oil output will occur somewhere around 2015. Whatever the timing of this momentous event, it is apparent that the world faces a profound shift in the global availability of energy, as we move from a situation of relative abundance to one of relative scarcity. It should be noted, moreover, that this shift will apply, above all, to the form of energy most in demand by the Pentagon: the petroleum liquids used to power planes, ships, and armored vehicles.

afterdowningstreet