The Philippines: What is peak oil?

THAT exotic phrase


The shocking news is that peak oil arrived in 2006 but was announced only a year later, on 22 October 2007 by a body called the Energy Watch Group. This was corroborated by the CEO of Royal Dutch Shell who ventured that by 2015, if not earlier, oil supply may very well fall behind the demand and when that occurs, the market prices of this seemingly irreplaceable source of energy and everything remotely related to it will inevitably reach astronomical proportions.

What are we to do in this country where peak oil has not even entered public discourse? No one seems to bother about the Uppsala and Kyoto Protocols; we can surmise that only members of the academe, like Dr. Quibuyen, have bothered to study these documents. It has taken media three years, 2005-2008 to make superficial mention of this thing called peak oil.

Manila Bulletin