Terrorism, Political Peak Oil And One Bad Dream

Here’s how terrorism and political peak oil play out in the real world.

A 23-year-old worker on an oil rig has a dream. In it, there is a bomb. She tells her coworkers and, according to accounts in the British Press, the floating hotel beside a North Sea oil rig is evacuated.
A military response, hundreds of evacuees and nearly $1 million later, everyone acknowledges that the scare was a fantasy, and life on the front lines of oil production return to shaky normal.

The background of this very real episode is terrorism and peak oil. Terrorism because it puts a fear in the back of the minds of anyone living in or working on the underpinnings of a modern Western economy. Peak oil because the supply of oil is tight – and whether or not production has peaked – it’s tight enough that any political turmoil tends to upset prices. We call that political peak oil.

Daily Green