Peak Oil News: Oil Gone

Friday, June 11, 2004

Oil Gone

Oil Gone

If peak oil theorists are correct, our dependence on oil is not only foolish, it's lethal. Does modern civilization have just two choices--change or perish?

In recent weeks, major outlets including CNN, the New York Times and National Geographic have run prominent features on "peak oil theory," until recently a little-known concept outside the circles of petroleum-industry geologists and hardcore conservationists. The theory's implications are literally nothing short of apocalyptic, which makes its recent dissemination by such mainstream sources even more worrisome. No blood for oil? If the peak oil theorists are correct, we are about to enter an age that makes that price seem like a bargain.
In fact, this age may already be upon us.


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