Hello folks, this is my first post.

I have been researching P.O intensively for the past 2 years, and I have been lurking this site for some time too. After reading and feeling somewhat rattled by Savinar's LATOC, I have since been trying to disprove his predictions/hypothesis along with all the other P.O academics since, including Campbell, Simmons, Goodstein, Heinberg, Deffeys etc. And I have failed.Consequently, based on all the research I have done so far, I have come to the conclusion that Western Civilisation will be entering a new stone age as global oil production starts it's remorsless decline sometime this decade. The passages below suggest how utterly dependant our way of life is on cheap energy.
Resources for the humble pencil
Lets take your average HB pencil with an eraser attached to the end of it.
The wood is Californian incense cedar, from managed forests where the average tree lives for about 80-100 years from seed to harvest. Pencil 'leads' contain no lead metal, but are a mixture of graphite and clay, with harder pencils containing more clay: ordinary Hb pencils have approximately equal mixture of the two. (HB stands for 'Hard' and 'Black', and is the conventional centre point for grading pencils. Graphite is the very soft form of the element carbon. For this pencil, the graphite comes from Sri Lanka and the clay from Dorset. The baked clay and graphite mixture is impregnated with tallow (animal fat derived from sheep and cattle) to ensure the pencil is not scratchy in use. The lacquer on the pencil contains castor oil from tropical Africa (castor oil is a 'mineral oil' such as petroleum, which is extracted from rocks). The lettering is aluminium which is hot-stamped into the pencil from aluminium foil, mined from deposits in Russia. The eraser contains rubber and oil seed from Malaysia, a compound of sulphur and chlorine produced from inorganic sources by the chemicals industry, and pumice ( an abrasive volcanic rock) from Italy. The brass holder for the eraser consists of copper from Zambia and Zinc from Ireland. This ordinary pencil, manufactured in Mexico, thus contains physical and biological resources from at least nine other widely scattered countries.
If we take into account the materials and energy required to obtain the resources for the pencil, such as a saw to cut down cedars or a machine to excavate graphite, and then on through transportation, processing, and manufacture, to the coins, plastic or paper used in it's sale, a vast number of companies in various countries will have contributed in some way, directly or indirectly, to the existence of the humble pencil. It's easy to imgaine, but extremely difficult to anaylise, the immensly complex global network of connections required to produce a really sophisticated object such as a television or car. In addition to raw materials, two indirect resources are crucial to the manufacture of virtually everything: fuels (for energy) and water. (Earth's Pyhsical Resources, Origin, Use and Environmental Impact, Sheldon. P, 2005)
Life-cycle analysis of the microchip
The silicon microchip, used as a memory in a personal computer; about 80 billion of these are manufactured each year, and production is rising fast. Because of it's high value and small size, the microchip is sometimes given-misleadingly-as the prime example of dematerialisation (the idea that the technological progress should lead to smaller amounts of material and energy required to produce goods). Life-cycle analysis of a single 2 gram 32 megabyte chip that it's manufacture requires 1.2 kg of fossil fules, hundreds of different chemicals, including highly toxic etchants, and large volumes of water (32kg per chip). The silicon used in silicon chips is the purest product made on a commercial scale, having less than one part per billion of metal impureties. Relatively impure, raw silicon is intially obtained by removing oxygen from quartz in an electric furnace( which in itself is energy intensive) but the purification processes use another 160 times the energy needed to produce the raw silicon. the resource-intensity of a microchip can be put into perspective by comparing the ratio of the mass of fossil fuels and chemical inputs used during the manufacture to the mass of the final product. For a typical car, this ratio is around 2:1; for a microchip, it is about 630:1 (Earth's Pyhsical Resources, Origin, Use and Environmental Impact, Sheldon. P, 2005)
http://www.energybulletin.net/4740.html