A good selection of sound bites from some of the leading peak oil experts.
Peak Oil Level 2
Peak Oil – just around the corner – Part 1
From the ABC radio Science Show (Australia) a selection of extended interviews by Jonica Newby from her April 2011 Catalyst report on peak oil. Oil supplies are rapidly dwindling and demand is increasing leading analysts to warn of an impending oil crunch. The global oil supply has lost the equivalent of the volume of the North Sea oil reserve in 15 months. By 2014, supply is expected to fall short of demand. Other factors could bring that forward. Fatih Birol says the age of cheap oil is over and we all need to prepare ourselves for higher oil prices. Further he says no government is prepared for what lies ahead. Jeremy Leggett describes the oil crunch, when global supply fails to meet demand.
Peak Oil – Club of Rome
Ian Dunlop, Deputy Convener of the Australian Association for the Study of Peak Oil (ASPO Australia) together with the Club of Rome produced this introductory presentation on Peak Oil.
Crash Course: Chapter 17a – Peak Oil
Chapter 17a – Peak Oil: Energy is the lifeblood of any economy and a steady supply of energy is necessary to maintain the status quo, while an ever-increasing supply is needed to grow an economy. In this chapter, Dr. Chris Martenson explains that Peak Oil is not a theory, rather it is a description of how oil production increases over time, reaches a peak, then declines. Evidence points to a global production peak in the near future, which is troubling since the U.S. imports two-thirds of its oil and relies on it to much of its transportation and food production needs.
Crash Course: Chapter 17b – Energy Budgeting
Chapter 17b – Energy Budgeting: Petroleum has supplied the surplus energy that has allowed for social complexity, industrialization, and the modern conveniences that we enjoy. In this chapter, Dr. Chris Martenson explains that in the future our supply of surplus energy will decline due to the fact that increasing amounts of energy will be required to produce new energy. When poor net energy (ERoEI) returns are paired with peak oil production, it points to a return to a less complex society.