Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
Display:
Jesse's Café Américain: Guest Post: Peak Oil - There Is No 'Plan B' By Chris Martenson


The hard news is that there is no "Plan B." The future is likely to be more chaotic than you probably think. This was the primary conclusion that I came to after attending the most recent Association for the Study of Peak Oil & Gas (ASPO) in Washington, DC in October, 2010.

The impact of Peak Oil on markets, lifestyles, and even national solvency deserves our very highest attention - but, it turns out, some important players seem to be paying no attention at all.

ASPO conferences tend to start early, end late, and be packed with more data and information than should be consumed in one sitting. Despite all this, I was riveted to my seat. This year's usual constellation of excellent region-by-region analyses confirmed what past participants already knew: Peak Conventional Oil arrived a few years ago, and new fields, enhanced recovery techniques, and unconventional oil plays are barely going to keep up with demand over the next few years.



You might find me At The Edge Of Time.
by Luis de Sousa (luis[dot]a[dot]de[dot]sousa[at]gmail[dot]com) on Fri Oct 15th, 2010 at 07:02:52 AM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Top Diaries

France on Strike

by John Redmond - May 30
23 comments

Böhmermann

by DoDo - May 29
11 comments

A Tale of Two States

by Frank Schnittger - May 26
20 comments

Edmund Burke for Socialists

by ARGeezer - May 25
22 comments

Occasional Series