[Peakoil-announce] Fwd: [Peakoil] "Peak Oil?", 8.30 pm Monday 10 July, ABC TV ...

Sun Jul 9 16:28:58 EST 2006

Thanks to Ken for posting this. The reporter sat in on parts of the Senate
oil inquiry, I expect it will raise questions about ABARE's dodgy numbers.

Alex
O4O4873828

ACT Peak Oil
http://act-peakoil.org

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Four Corners on Monday evening is looking at the subject of Peak Oil ...

http://abc.net.au/4corners/default.htm

Peak Oil?

Reporter: Jonathan Holmes

Broadcast: 10/07/2006

"The price of petrol is disgusting, absolutely disgusting
"

"It’s just going up and up
"

"It’s outrageous
"

"I get so mad – you ever get so mad you can’t even talk about it no mo’?"

(Vox pops – motorists in Australia, UK and US)

If, like these motorists, your fury rises with the numbers ticking over on
the petrol bowser, get a grip. You may soon look back fondly on the good old
days when petrol was $1.40 a litre.

The world is at the beginning of the end of the age of oil, according to a
growing body of analysts. It stands at a precipice of "peak oil" – the point
at which oil producing countries can no longer keep up with growing demand,
where production climaxes and then plunges into irrevocable decline.

This, say the doomsayers, may send national economies spinning into turmoil,
up-ending comfortable urban lifestyles that rely on oil for the cheap
transport of people and goods and for the manufacture of thousands of
mundane household and office items – from mousepads, banknotes and drink
bottles to carpets, clothes, cosmetics and deodorants. 

The crunch will come some time in the next few years, without warning, they
say. "The worst case is that it’s occurring now or very soon because the
world is unprepared, it’s absolutely unprepared," says one of the most
influential pessimists. 

But this is just scaremongering, say many authoritative oil industry voices.
While they agree that oil is unlikely to get cheaper any time soon, they
insist that oil production will keep pace with demand for decades to come.
There is simply no end in sight to the black gold bonanza, according to
these optimists.

They check off their list: vast untapped oil reserves claimed by Middle
Eastern nations; the prospect of further discoveries; and smarter technology
that will extend the life of existing oil fields and make new ones easier to
exploit. 

Even the optimists concede that massive discoveries of easy-to-reach oil are
a thing of the past. But, they say, higher prices will make other ways of
producing oil and alternative fuels commercially viable. 

Who is right? Four Corners investigates a truly global issue that reaches
into every home and every car and touches every human life. This special
report* explains why oil prices are high right now and asks how long the
world has left to prepare for a day when there is not enough oil to go around.

Reporter Jonathan Holmes goes in search of an answer in the Middle East, the
US and Europe, interviewing the key protagonists. He asks if the world is
being told the truth about the vast unexploited reserves that are claimed to
lie beneath the desert sands of the Middle East. He looks at alternative oil
sources and the obstacles to exploiting them. And he explains what peak oil
means for Australians who depend so heavily on oil for transport and tourist
income.

"Peak Oil?" 
 on Four Corners, 8.30 pm Monday 10 July, ABC TV.

This program will be repeated about 11 pm Wednesday 12 July; also on ABC2
digital channel at 7 pm and 9.30 pm Wednesday.

*Four Corners also presents a Broadband Edition on "Peak Oil?" 
 See the
program in full; watch extended interviews with the experts; delve into
interactive maps showing who produces the oil and who buys it; browse key
reports about how much oil remains untapped; learn about the alternatives;
and discover the impact of peak oil on Australia’s economy and way of life.

-------------- next part --------------

   Four    Oil 
   [1]http://abc.net.au/4corner
Peak Oil?

   Reporter: Jonathan Holmes

   Broadcast: 10/07/2006

   "The price of petrol is disgusting, 
   "It's just going up and up..."

   "It's outrageous..."

   "I get so mad - you ever get so mad you    no mo'?"

   (Vox pops - motorists in Australia, UK and 
   If, like these motorists, your fury rises with    ticking over on the petrol bowser, get a grip. You may soon look back

   The world is at the beginning of the end of the    according to a growing body of analysts. It stands at a precipice of    "peak oil"  - the point at which oil producing countries can no
   longer keep up    then plunges into irrevocable 
   This, say the doomsayers, may send national    into turmoil, up-ending comfortable urban lifestyles that rely    oil  for the cheap transport of people and goods and for the
   manufacture of    from mousepads, banknotes    cosmetics and deodorants.

   The crunch will come some time in the next few    warning, they say. "The worst case is that it's occurring    very  soon because the world is unprepared, it's absolutely
   unprepared," 
   But this is just scaremongering, say many    industry voices. While they agree that oil is unlikely to get cheaper
      with demand for    to the black gold bonanza, 
   They check off their list: vast untapped oil    Middle Eastern nations; the prospect of further discoveries;    smarter technology that will extend the life of existing oil fields
   and 
   Even the optimists concede that massive    easy-to-reach oil are a thing of the past. But, they say, higher
   prices    fuels commercially 
   Who is right? Four Corners investigates a truly    reaches into every home and every car and touches every human    life.  This special report* explains why oil prices are high right
   now and asks    when there is not enough 
   Reporter Jonathan Holmes goes in search of an    Middle East, the US and Europe, interviewing the key protagonists. He
      unexploited reserves    sands of the Middle East. He looks at  alternative oil sources and
   the obstacles to exploiting them. And he    means for Australians who depend so heavily on oil for    and tourist income.

   "Peak Oil?" ... on Four Corners, 8.30 
   This program will be repeated about 11 pm    on ABC2 digital channel at 7 pm and 9.30 pm 
   *Four Corners also presents a Broadband    ... See the program in full; watch extended interviews    experts; delve into interactive maps showing who produces the oil and
      untapped; learn about    of peak oil on Australia's 
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References

   1. 3D"http://abc.net.au/4corners/default.htm"
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