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Sunday, March 04, 2007

The Peak Oil Crisis: The 4 Facets of Peak Oil

Looming just over the horizon are four great storms that soon will have a major impact on nearly all the world’s peoples and their descendents for decades to come. We know these storms are coming, for we can clearly see their outlines and some are already beginning to feel the winds.

We don’t know the exact timing nor the order of these storms’ arrival. We do know that the order in which they come will be important to how these storms interact with what our lifestyles will be like in the years ahead.

[Link: Falls Church News-Press]

Tom Whipple at Falls Church News-Press is always a good read. Sometimes his observations on Peak Oil and the real future are humorous and sometimes not but they are always informative. This article is pretty direct and to the point as usual.
We are facing the four horsemen of the petrocollapse. Physical, geological depletion; political chaos due to the uneven distribution of supplies and consumption; catastrophic environmental effects from uncontrolled oil use, culminating in significant global climate change; and finally economic meltdown as the costs of a critical resource become astronomical. These four "storms" are brewing as we speak and their effects are visible to those who are willing to see. They will all probably become obvious to everyone within a generation. But, as Tom observes, the details are still up in the air. The riders are visible on the ridge, we still can't tell who will get here first.

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