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Whether or not you are aware of Peak Oil it is a reality and its consequences are far reaching and potentially devastating. The theory of Peak Oil states that as oil is a finite resource, oil reserves will peak at some point in time and begin to decline. Many have stated that the peak of the bell curve has been passed and we are now on an accelerating descent. Oil will become an increasingly scarce commodity and the price will rise accordingly. As the largest user of crude oil in the world the United States is in a precarious position...

It could potentially be one of the biggest energy breakthroughs in history – genetically manipulating bacteria to quickly convert anything that grows out of the Earth into oil. But the biggest names in the national media have thus far not provided any coverage of this possible solution to skyrocketing gas prices and Ameria's long-term energy security. A WND story last month introduced to the nation a new technique where altered bacteria "rapidly digest" everything from grass clippings and wood chips, turning them into hydrocarbons for fuels such as gasoline and diesel. If done on a large scale, it could provide...

There is the story about a motorist evacuating New Orleans at the onset of the Hurricane Katrina disaster. The motorist ran out of fuel on a crowded expressway. When later asked why he did not turn off the motor to conserve fuel, he replied, "Why would I do that? I needed the air conditioning." The story illustrates a fundamental obstacle in our country's critical need to conserve energy and use it wisely. "Even when you are running for your life, with no fuel supply in sight, people do not make the connection with the fact that their fuel tank contains...

This post is for the benefit of those readers whose friends or relatives just spat out their coffee over their morning New York Times in surprise that oil is starting to run out and nobody warned them before now. If you are looking around for more background information, I would like to summarize a series of arguments and analyses that have led me to the view that peak oil is most likely occurring about now, give or take a year or two. My personal coffee-spitting incident occurred about a year ago, and this is some of what I've figured out...

I don't share Matthew Simmons's angst, but I admire his style. He is that rare doomsayer who puts his money where his doom is. After reading his prediction, quoted Sunday in the cover story of The New York Times Magazine, that oil prices will soar into the triple digits, I called to ask if he'd back his prophecy with cash. Without a second's hesitation, he agreed to bet me $5,000. His only concern seemed to be that he was fleecing me. Mr. Simmons, the head of a Houston investment bank specializing in the energy industry, patiently explained to me why...

We Are Not at the End of the Oil Age: ; New Developments Soon Will Increase the World's Supply WE are not running out of oil - not yet. "Shortage" is certainly in the air - and in the price. Right now, the oil market is tight, even tighter than it was on the eve of the 1973 oil crisis. In this high-risk market, "surprises" ranging from political instability to hurricanes could send oil prices spiking higher. Moreover, the specter of an energy shortage is not limited to oil. Natural gas supplies are not keeping pace with growing demand. Even...

Republican Congressman from Maryland spoke on oil depletion to the Congress on Monday, March 14. The link is to Energy Bulletin but the original can be found by searching http://thomas.loc.gov/

Dear Reader, Civilization as we know it is coming to an end soon. This is not the wacky proclamation of a doomsday cult, apocalypse bible prophecy sect, or conspiracy theory society. Rather, it is the scientific conclusion of the best paid, most widely-respected geologists, physicists, and investment bankers in the world. These are rational, professional, conservative individuals who are absolutely terrified by a phenomenon known as global “Peak Oil.” "Are We 'Running Out'? I Thought There Was 40 Years of the Stuff Left" Oil will not just "run out" because all oil production follows a bell curve. This is true...