Peak Oil On Sixty Minutes

Posted by Big Gav

For Australian readers - 60 minutes has a segment on peak oil tonight.

You're about to hear two of the scariest words in the English language — "peak oil".

Effectively, they mean the end of the world as we know it. The point where oil production reaches its absolute peak; the point when supplies start running out. And the doomsayers are convinced we're almost there.

So, if you think paying $100 to fill your tank is painful, I hate to tell you, this is as good as it gets. It'll get worse, much worse.

Two dollars plus per litre by Christmas for a start. Naturally, the oil companies say stay calm. We'll be right for a 100 years at least. But then they would, wouldn't they?

And thanks to whoever loaded my "Of Rodents and men" post up at "Porkbusters" - the surrealness of having a full Peak Energy post (even including a tinfoil decoration) on a site run by Glenn "Instapundit" Reynolds is something that tickled my fancy - I think the relevant piece was the quote of Mungo MacCallum criticising Johnny's pork filled energy policies...

2 comments

@whut says 1:35 PM

I agree, your post sitting on that site seems strangely enigmatic. Cool enough though, as if there are unseen forces at work.

Big Gav says 7:33 PM

There's no end of unseen forces out there I think - the only way to discern them is to look for the turbulence in their wake :-)