Just a Viscous Rumor  

Posted by Big Gav

Grist has a review up on Kenneth Deffeyes' "Beyond Oil" .

Mark your calendar: annual world production of crude oil will reach its peak this coming Thanksgiving, Nov. 24. At least, that's the tongue-half-in-cheek prediction of Kenneth Deffeyes, who starts his latest book by suggesting that readers stop and give thanks for a century of plentiful supplies.

After the Princeton University geologist offers this figurative toast, the discussion turns serious. In Deffeyes' view, it's well past time to start thinking about what will keep society running as oil supplies start to shrink. Contrary to supply-side optimists who believe innovation will keep oil and gas flowing, he espouses the view that there are only so many hydrocarbons in the ground and we're running through them quickly. Beyond Oil: The View From Hubbert's Peak is one of several new books to tackle this topic, but Deffeyes does it from the no-nonsense perspective of a trained scientist.

The book is Deffeyes' second look into the petro-future. His 2001 analysis, Hubbert's Peak: The Impending World Oil Shortage, updated the methodology used by Deffeyes' mentor, famed geophysicist M. King Hubbert, in a controversial but ultimately accurate 1956 paper that estimated oil production in the U.S. would peak in the early 1970s. In that book, Deffeyes applied Hubbert's analysis to world oil production, and predicted that output would follow a similar bell-shaped curve, peaking in the first decade of the 21st century. In a closing letter to his 2-year-old granddaughter, the author advised, "Get into renewable energy. Look at a cornstalk the way a Chicago meatpacker used to look at a hog: sell everything but the squeal."

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