Monday, July 23, 2007

Drop the Bomb!

After a six-month hiatus, I have finally found new input on Kenneth Deffeyes' peak oil blog, at http://www.princeton.edu/hubbert/current-events.html. He reiterates what he has said before, with figures to support him in Excel spreadsheets. The peak of conventional oil occurred in 2005 May, and conventional oil production has held at around 73 million barrels a day since then. The peak of Saudi oil has apparently been hit at the same time, at about 9.6 million barrels a day; it now has shrunk slightly to the 8 millions. This is only conventional oil, apparently. Adding in unconventional sources raises the total to 84 million barrels a day, and this has also held steady for the past couple of years, indicating this peak has been reached.

I feel no change in my lifestyle, however, other than a constant carping at my church and other places to cut our carbon emissions. This may be cutting demand slightly. But there are some who say that the demand is the same as in the past few years, despite increases in demand from China, India, and the US, because third world countries like Zimbabwe can't afford it any more and has quit buying it. This plateau will last for a while, but will be followed by a decline, and I am not sure what is going to happen after that. I think that supply and demand will play a big role in holding back the ill effects of peak oil, reducing demand by making human life here in the states more efficient and bringing solar, wind, clean liquid coal (if there is such a thing) and nuclear power into the forefront. But eventually, a great depression may await us as we gradually run out of power to run our society as it is presently constructed, sometime in the twenty teens.

This should be a major issue in the 2008 Presidential campaign. But it is no issue at all. Some of the Democrats bring up global warming, but that is not the same thing. Kenneth Deffeyes notes this and says: "It looks as if we will go through another US presidential election with no candidate calling attention to the world oil problem, or to the North American natural gas problem. My only hope is that a candidate, who learns from private polls that he or she is behind, will drop the oil bomb into the debate."

This matter needs to be discussed. Almost nowhere in any of the debates have I noticed any of the political candidates talk about peak oil. They need to talk about it. So this is my message to the candidates, especially those who are not leading: Drop the Bomb!

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