“A post-oil future driven by sustainability, where production and consumption is determined by a harmonious relationship with the planet’s resources and where the global population matches those resources will result in a safer, cleaner, healthier and happier planet.”
News article filed by BNP news team
The BNP has been accused of scare-mongering and being harbingers of “doom and gloom” over the course of the past four years during which time we have raised the issue of peak oil up the political agenda.
The mainstream political parties are being both deceitful by using the contentious issue of global climate change as a hammer to impose swingeing new taxes and further erode civil liberties and sticking their heads in the sand on the issue of peak oil.
Further evidence that peak oil is a reality comes today from one of the world’s energy giants as falling production and refinery shutdowns are blamed for a 45% plunge in quarterly profits at BP.Underlying profits in the three months to September 30 were $3.87 billion (£1.89 billion), compared with $6.98 billion in the same period a year ago.
On a ‘clean’ basis, which strips out one-off gains or losses, profits were down 26.7 per cent on the third-quarter last year at $4.21 billion.
UK jobs axed
Over a 1000 jobs are going in the US and closer to home about 350 jobs will go over the next six months in Aberdeen as part of the second round of cuts announced by the energy giant since Tony Hayward, the new chief executive, outlined a radical restructuring two weeks ago.
BP employs a total of 2,100 onshore staff in its North Sea business and 97,000 worldwide. Nearly 10 per cent of its total global production still comes from fields off the east coast of Scotland, but output has fallen from 550,000 barrels of oil and gas day to 330,000 barrels in the past three years, in other words production from the North Sea has “peaked”, a situation matched in many other oil fields around the world.
A post-oil future doesn’t have to be viewed as one of doom and gloom; on the contrary, a society which is not driven by the flawed concept of endless economic growth based on a supply of cheap fossil fuel and an even larger global population should be welcomed.
A post-oil future driven by sustainability, where production and consumption is determined by a harmonious relationship with the planet’s resources and where the global population matches those resources will result in a safer, cleaner, healthier and happier planet.