Call on governments to prepare for coming energy crisis

I just found this petition and I thought I’d share it with you.

Statement On Global Oil Peak

We, the members of the educational and scientific communities involved in the study of the worldwide peak of oil production, offer the following statement on the problem and its implications for our future:

Oil is a finite resource.

Oil was formed in the geological past, and a growing number of the world’s leading petroleum geologists agree that more than 95 percent of all recoverable oil has now been found. We therefore know, within a reasonable degree of certainty, the total amount of oil available to us. As of this statement, we have consumed approximately half of the recoverable oil, and we continue to consume about 75 million barrels per day. Since 1981 we have consumed oil faster than we have found it, and the gap between our growing consumption and shrinking discovery continues to widen. Oil is now being consumed four times faster than it is being discovered, and the situation is becoming critical.
Oil is our most important energy source.

Oil is the fuel that enabled the growth of modern civilization, and all industrialized countries now rely on it to an extraordinary extent. Oil provides 40 percent of all primary energy, and 90 percent of our transportation energy. It is furthermore critical to industrial agriculture, the chemical and pharmaceutical industries, much of the clothing industry, and a vast array of others. The physical and chemical versatility of oil, combined with its high energy density, are such that no other known energy source can serve as a full or even adequate substitute. In short, oil is the lifeblood of the industrial world.

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