The End of Oil

Now a film

http://www.wvwnews.net/story.php?id=1888

News article filed by BNP news team
 
A Crude Awakening: The Oil Crash – a film produced and directed by award-winning journalists and filmmakers Basil Gelpke and Ray McCormack, tells the story of how our civilization’s addiction to oil puts it on a collision course with geology. Compelling, intelligent, and highly entertaining, the film visits with the world’s top experts and comes to a startling, but logical conclusion – our industrial society, built on cheap and readily available oil, must be completely re-imagined and overhauled.

The idea that the world’s oil supplies have peaked, or will soon, is gaining mainstream currency. Robert B. Semple, Jr., associate editor of the New York Times editorial board, writes in the paper’s March 1, 2006, online edition:

“The Age of Oil — 100-plus years of astonishing economic growth made possible by cheap, abundant oil — could be ending without our really being aware of it. Oil is a finite commodity. At some point even the vast reservoirs of Saudi Arabia will run dry. But before that happens there will come a day when oil production ‘peaks,’ when demand overtakes supply (and never looks back), resulting in large and possibly catastrophic price increases that could make today’s $60-a-barrel oil look like chump change. Unless, of course, we begin to develop substitutes for oil. Or begin to live more abstemiously. Or both. The concept of peak oil has not been widely written about. But people are talking about it now. It deserves a careful look — largely because it is almost certainly correct.”

Semple concludes: “These [are not doomsday scenarios from conspiracy theorists, but hard scientific facts backed by serious research.”You needn’t be a conspiracy theorist to see a connection between America’s current obsessions with the Middle East and national security, and the world’s looming oil crisis. The frenzied search for alternative sources of energy now being pursued by the largest multinational energy corporations makes it clear they also believe a crisis is fast approaching.

http://www.bnp.org.uk/news_detail.php?newsId=1784

2007-10-17