[Peakoil] draft letter
Keith Thomas
keith at evfit.com
Wed Oct 12 20:46:15 EST 2005
Nice letter. It should get in. You might like to consider "extraction"
rather than "production" to emphasise that this is more akin to a
mining process than a production line.
--------------------------------------------
Keith Thomas
www.evfit.com
--------------------------------------------
On 12/10/2005, at 4:19 AM, Alex P wrote:
> The opinion "Oil-reliant nations walking the steep slope of Huppert's
> peak"
> (CT, 11/10/2005) provides a useful overview of the problems of world
> oil
> supply. Though the correct name is actually "Hubbert's Peak", named
> after
> Marion King Hubbert, who successfully predicted that the peak of US
> mainland oil production would occur around 1970.
>
> Hubbert surmised that rates of oil production follow a rough bell
> curve.
> Hubbert's Peak is the point at which oil production reaches its maximum
> yearly output. The cumulative production before and after the peak is
> approximately equal. But the price of oil before the Peak is low, and
> afterward, very high. What's more, as production increases prior to the
> peak, energy forecasters become accustomed to production always
> matching
> ever-increasing demand. They even start assuming oil prices are in
> long-
> term decline. But as the peak passes, supply contracts and the price
> surges
> upward.
>
> Our society, lulled into believing there are no limits to oil supply,
> is
> badly unprepared. Thus far people have not been given a complete
> picture,
> rather prices have been left to do the talking. This has limited
> debate to
> supposed fixes on the supply-side such as ethanol and fuel excise
> cuts. But
> conservation measures are essential. We should not be wasting public
> money
> or time on dubious or self-defeating measures while the peak looms.
>
>
> Alex Pollard
> Convenor
> ACT Peak Oil Awareness
>
> alex-po at trevbus.org
> O4O4873828
> http://act-peakoil.org
>
>
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