The Peak Oil Crisis: The Year Ahead

Categories: Analysis
Published on: January 11, 2013

Falls Church News-Press / Tom Whipple / 11 January 2013

There are many forces at work in our world today – climate change, Arab Spring, population growth, and mass migrations to name a few. Some of these forces may come to impact our lives in the coming year while others may not be perceptible for decades. Our concern here is the world oil and gas supply situation which powers so much of our civilization. The decline in the affordability or availability of this resource will bring profound changes to our civilization. There are numerous “trends” or forces active in the world today that have the potential to interrupt or at least radically change perceptions about the future availability of energy supplies.