[Aaron]

$this->bbcode_second_pass_quote('', 'T')he peaking of world oil production presents the U.S. and the world with an
unprecedented risk management problem. As peaking is approached, liquid fuel
prices and price volatility will increase dramatically, and, without timely mitigation,
the economic, social, and political costs will be unprecedented. Viable mitigation
options exist on both the supply and demand sides, but to have substantial
impact, they must be initiated more than a decade in advance of peaking.

[freetoken]

... I figure there has to be a reason to post a link to this report now, as a site admin made the original post. No?

Anyway, I think the real news about this report, which BTW looks pretty standard for a beltway bandit of which SAIC is exemplary, is how it has been received by the defence, financial and business communities. There has not been, to my knowledge, much comment published by other players in the defense, intelligence, or major money (banking) industries. Yes, the gold-bug financial types are including PeakOil in their reasons on why to buy gold (and silver these days). But if the situation is truly dire, then one would expect that industry rags like Janes Defense Weekly etc., to talk not only about the report in question, but try to prove or disprove it.

ft

[Jack]

The problem with peak oil is that it is outside our usual considerations. We - all of us, from the SUV driver next door, to the CEO of XYZ, to Senator Whosis - take abundant cheap energy for granted. How many people worry about getting air to breathe?

If one accepts that Peak Oil is a problem, one faces one of several options. One can assume that technology will save the day; but, despite the plethora of sites about zero point energy, or some other drivel, being the grand solution...the truth is that there is no viable, scalable solution in sight today.

Or, one can assume that global powerdown is required. But that's a change in mindset that people do not want and will not presently accept.

Failing the previous two choices, one can opt for fortress America - or fortress wherever. One can seal the borders and orient all national resources to survival. That's nearly as unlikely as the zero point energy solution mentioned above, given the momentum of globalization.

When the vast majority of people fail to accept that we may have a problem that involves the death of billions - then the entities that you refer to have nothing to say.

Which means that the change will be even more wrenching than it had to be. Hard crash, anyone?

[Aaron]

$this->bbcode_second_pass_quote('', '.').. I figure there has to be a reason to post a link to this report now, as a site admin made the original post. No?

[AdamB]

$this->bbcode_second_pass_quote('Aaron', '')$this->bbcode_second_pass_quote('', 'T')he peaking of world oil production presents the U.S. and the world with an
unprecedented risk management problem. As peaking is approached, liquid fuel
prices and price volatility will increase dramatically, and, without timely mitigation,
the economic, social, and political costs will be unprecedented. Viable mitigation
options exist on both the supply and demand sides, but to have substantial
impact, they must be initiated more than a decade in advance of peaking.