Page added on September 12, 2008
British filmmaker Andrew Evans travelled the globe to create this documentary examining the impact of rising oil prices.
For every “Drill, baby, drill” enthusiast like Sarah Palin and U.S. Energy Administration head Guy Caruso, there’s an industry insider like energy investment banker Matthew Simmons and former oil exec Colin Campbell who believe oil has had its day.
The film balances peak oil theory with the promise of new technologies for oil discovery and recovery. Its apocalyptic stance stems from a lack of supporting evidence for a significant increase in the Organization of the Petroleum Exporting Countries’ official reserve figures from 1983 to 1990. And the January, 2006, revelation that Kuwait claimed to have more than double the oil it actually had.
For the Oil Apocalypse Now? director and producer, it’s not just who’s zoomin’ whom, but whether there will be any zoomin’ at all.
We’re not running out of oil per se, according to Evans, but the pace at which oil can be produced is slowing and appears set to peak and decline. That means a crash diet for a global economy sustained by oil.
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