Apeakolypse Now
Posted by Big Gav
It appears the UK activist community has discovered peak oil, with this week's main story in Schnews devoted to the topic.
Peak Oil is the greatest story never told. Even though Peak Oil is the central fact driving the wars and economic crises of our time, it is seldom mentioned in the mainstream corporate news.
Peak Oil (also known as the Big Rollover or the Long Emergency) is when demand for oil outstrips supply because the halfway point of the planet’s oil deposits has been passed. ‘Halfway’ is a misleading word in this context. Most of the oil that’s still left in the ground will be staying there, because it takes more oil energy to get it out of the ground than it yields. The oil and natural gas is no longer worth the drilling or pumping. Petroleum geologists reckon that the world oil peak will be sometime between 2005 -2010. The majority of non-OPEC producers such as the United States, Britain, Norway, and Mexico, who satisfy 60 percent of world oil demand, are already in a production plateau or decline. A leading guru, Colin Campbell (ex of Shell and Total Fina Elf) reckons 2007. Are we preparing for it? Are we readying ourselves to radically change our lifestyles and energy consumption? Of course not.
The bottom line is this: humankind is entering a whole new era. One in which every year from, say, 2007, there will be less and less net energy available to us no matter what we do (Alternative energy sources are nowhere near developed enough, or invested in, to compensate). The last time anything like this happened was the collapse of the ancient civilizations. The Maya, the Romans, the Greeks; these civilisations ended when their strategies for energy capture - be it slaves, coal or topsoil - became subject to the law of diminishing returns.
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