Peak Oil: Everything is going to change

STATE REP. TERRY BACKER (CONNECTICUT)

There is little government can do about the price of oil. That is not what people want to hear. Yet it is a fact. The U.S. government and all the states have no “Plan B.” They continue to rely on a delusional “Plan A”

In an election year, members of Congress are beating the bushes trying to escape the fallout of their years of dozing in their seats. They point at speculation, greedy profit takers or big oil companies, perhaps all true to one extent or another. However, despite the rising chorus of voices pointing out rising demand coinciding with falling or flat production, they seem to be ignoring the 800-pound gorilla in the room that is “Peak Oil” production. Just a few years ago, Mexico, Russia, Norway, England and Indonesia were producing vast amounts of oil for the world market. Today, England and Indonesia are net importers of oil, Russia’s production is flat, Norway’s production is falling and Mexico has informed us that their giant oil field, Canterall, is in terminal decline and may not be able to export after 2015.

Neither drilling in Alaska, the continental shelf or other ultra-deep-water sites will change the
trends of less and more expensive oil. Only changing our infrastructure and consumption patterns will preserve somewhat our current lifestyle.

Connecticut Post