Real Oil Crisis

November 24:
The Australian science TV show Catalyst featured interviews with Dr Doug Schwebel (ExxonMobil), Barry Jones (the late; Former Executive Director Australian Petroleum Produciton Exploration Association (APPEA)), geologist Dr Jeremy Leggett, Eric Streitberg (Managing Director ARC Energy) and others.

What would happen if the world were to start running out of oil? Conventional wisdom says we’ve got 30 years, but there’s a growing fear amongst petroleum experts it’s happening much sooner than we thought – that we are hitting the beginning of the end of oil now. So how soon will the oil run out, and can we stop our economy collapsing when it does? How prepared are we for the real oil crisis?

ABC.net.au