Page added on September 13, 2011
For over 100 years we have relied on oil as a cheap, energy dense and portable form of power. Many advances such as plastics, ink, medicine, fertilizer, crayons, bubble gum, soup, glass and tires are heavily dependent on cheap oil. There is only a finite supply of oil in the world, and demand is increasing as the third world industrializes.
Peak oil, in a way, has already come: many countries and many production techniques have peaked, fortunately as demand has increased so has technology and our willingness to explore across the globe for new pockets. We’ve had to dig deeper and get creative in squeezing oil out of unconventional sources. There are still sources to tap, they’re dirtier, offer lower returns on energy invested and much harder to get at but they’re there. Unfortunately, the oil will eventually become too expensive and too sparse to viably meet our current energy demands and then we’ll need something new. Here’s our review on the subject.

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4 Comments on "Peak Oil and the light at the end of the tunnel"
Pythor Sehn on Wed, 14th Sep 2011 12:04 am
For every complex problem, there is a simple, and wrong, cartoon that someone can make for it. Visually suggesting that oil is made from dead dinosaurs is just the first silly error in this piece.
BillT on Wed, 14th Sep 2011 3:29 am
Intelligence in the US has peaked long ago…and the above is proof.
Ian Cooper on Wed, 14th Sep 2011 11:10 am
“Peak oil, in a way, has already come”
“In a way”? Yeah, in a way, it already has – it came in EVERY WAY five years ago!
“fortunately as demand has increased so has technology”
Wrong! We’re still using the same old technology to find a resource that is quickly becoming irrelevant. That is not ‘fortunate’ – it is tragic.
This is an example of the typical head-in-the-sand approach to peak oil exemplified by the phrases “It’s not happening” and “We’re too smart to let it happen”.
Dream on!
Kenz300 on Wed, 14th Sep 2011 3:27 pm
Every country that relies on imported oil needs to move to an energy policy of greater self sufficiency. Economic security and national security will depend on greater diversity of energy sources and types. It is time to transition to alternative energy. Wind, solar, wave energy, geothermal and second generation biofuels made from algae, cellulose and waste are the future. The world produces a lot of waste every day. It is time to turn that trash into both fuel and energy.