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Peak Oil is You


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Page added on July 21, 2008

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Peak Energy

And What That Means For Food

[…]As individual regions and nations peak in oil production, the world as a whole gets closer and closer to the day when the global oil keg will reach halfway and then enter into an era of declining availability. Currently, 54 of the largest 65 oil producing nations are in decline.[iii] Russia

As we peak, oil producing nations begin to hold back more of their limited supplies for their own use. Saudi Arabia, for example, recently announced that it planned to reserve energy for future generations. Again, this is perfectly natural – the US, for example, long past its peak exports virtually no oil – but this means that the declines in availability are greater than the declines in production – if production falls by 2%, exports may fall by 4%. If this happens, as is likely, while demand is still growing, the total shortfall in availability may be quite dramatic. This is called the Export Land Model, pioneered by geologist Jeffrey Brown.

Poor industry transparency makes it difficult to say for sure, but there is little doubt that for those of us not currently receiving senior citizen discounts, peak oil will happen during our lifetimes, probably quite soon. It is not unlikely that the peak in oil (as opposed to



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