Peak Oil

Peak Oil
by
David Schlecht

This post is prompted by a comment in Captain Jack’s latest blog regarding the BP disaster.

Have we passed the point of easy oil? Is oil getting harder and harder to extract now that we’re on the falling end of the bell curve?

It’s not really fair to say that we’re half way through the world’s oil reserves because no one can say for sure. But it doesn’t really matter. What really matters is that we have exhausted the easy oil and now we’re having to work harder to extract the oil.

The world’s demand for oil has been doubling every few years. At this rate of growth it’s undeniable that we will (have) exceeded the limits the easy oil drilling can deliver.

We have two choices. We can ride the falling curve as oil gets harder and harder and more risky to drill or we can start, today, to wean ourselves off. The fact is that we will have to get off oil eventually. How long do we want to stay addicted?

6 thoughts on “Peak Oil”

  1. So let’s see. America produces 2% of the world’s oil. If we magically increase our oil drilling by 20% (and destroy countless ecosystems) we might add 0.4% to the world’s oil supply. Does anyone really think that “drill here drill now” will actually save any money? Of course not. No one really believes that crap. But, drill here and drill now will make some very rich oil companies. Why are there any Republicans left? Hasn’t everyone woken up already?

  2. Why does anyone listen to the failed Republican party any more? It’s been proven time and time again that their policies are bad for America and bad for the world but great for the billionaires.

  3. It only makes sense to try to find other alternatives to oil, before it reaches an emergency situation. No point in putting all our eggs in one basket, and the more diverse our energy alternatives, the better off we’ll be.

    Good blog post. Thanks for sharing your thoughts.

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