Tuesday, September 25, 2012

Peak Oil

Again. For the hard of hearing. Despite a lot of 'noise' recently about he 'non-energy-crisis', where it is claimed that there is enough oil off Alaska to make US energy independent, if you listen to that debate (which I have) and then think about the phrases 'EROEI' and 'low-hanging fruit', then for me there really is no debate. Add to that the recent geopolitical activity, centring on Iran, and you begin to understand that we're witnessing desperate oil oligarchs trying to retain power in this new reality of Post-Petrolium man' (Ruppert's phrase).

http://www.energybulletin.net/stories/2012-09-20/abc-tv-interview-richard-heinberg-peak-oil-and-end-growth

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