[Newsseeker]

“Iceburg Dead Ahead, Captain!” — Saudi’s 8% Oil Decline is the Iceburg in the Titanic Disaster

Over the last couple of weeks, I have been reading a trickle of articles, that more and more are being backed up with fact, about the declining oil production in Saudi Arabia over the past 8 months, long before the OPEC cuts took hold. I began to understand what the last hours of the Titanic may have been like, because I began to feel like someone who was on that great ship some 95 years ago. I started pondering what I was to do in light of this troubling discovery happening a half a world away in an almost featureless part of the planet. I began to see this with many similarities to the Titanic disaster nearly a century ago. I can’t think of a better term for peak oil than “Titanic Disaster.”....
http://www.energybulletin.net/27373.html

If Saudi is at 8% and stocks are currently being drawn down then very shortly we could see water spilling over into the engine room. Then, around 2012 it will be flooding the deck and it will be time for lifeboats and screaming.....

[gg3]

...which is why you need to be 100% hands on deck to develop local sustainability wherever you are, or join up with a sustainable community organization that has a decent chance of succeeding (such as ours: www.thefosl.org).

There is zero time to wait. You have got to start working on making the jump right now, because it takes time/money/effort to make the jump. Do not count on having a place on a lifeboat at the last minute.