PEAK OIL - EPOCHAL EVENT OF OUR LIVES

[sumisu]

Ron Patterson and Gail Tverberg are certainly two people well in the know of what's going on in the entire energy sector.

Had it not been for the shale revolution brought about by high fuel prices earlier this century, I had expected Peak Oil to occur around 2008.

Sadly the Hirsch report of 2005 [Feb.] officially titled "PEAKING OF WORLD OIL PRODUCTION: IMPACTS, MITIGATION, & RISK MANAGEMENT" written for the Department of Energy and giving recommendations for preparing for the future has been largely ignored. It's sad that 14 bonus years of preparation has been largely wasted.

The energy cataclysm, whenever it begins, will be too late for food and other preparation for 7-plus billion people. I can only hope for a slow decline, so that some degree of survival preparations can be accomplished, but governments seem not to want to confront reality.

HIRSCH REPORT

https://en.wikipedia.org/wiki/Hirsch_report

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