The Peak Oil Crisis: Solutions a First Cut

After a thorough airing of “whether” and “when”, the Denver peak oil conference moved to the murkier issue of “So, what do we do about it?”

The current answer, of course, is to keep drilling. Do whatever it takes
Shale can be dismissed quickly as being impractical for the foreseeable future on a large scale because it requires too much energy and entails too much of a threat to the environment.

Meanwhile, billions continue to be spent to increase oil production from the Alberta tar sands. Current plans call for 2 million barrels a day by 2010 and perhaps 5 million by 2030. For a world which currently consumes 84 million b/d, the tar sands, which have all sorts of environmental issues connected with extracting the oil, will never replace conventional oil on the scale it is currently being consumed.

Fall Church News-Press