Peak Oil

Added a new category to my Blog, Peak Oil.

I haven’t spent much time discussing Peak Oil, on my personal blog or on my work blog, but since crude may have put in a local top this week, perhaps starting a list of links and commentary might not be a bad idea lest declining oil – however temporary or not – cause the topic to fade into the background.

Mostly we just go about living our lives as if a) peaking oil is now or will be a reality, and b) even if the forever oil folks are some how correct, continuing to burn ever increasing amounts of the stuff just can’t logically be good for the plant.

So, we walk a lot, take busses, run (literally) the 2km to the school and walk home with our kids. We also ride bikes. Lots lots of bikes, including a tandem that I pilot my two sons around (#2 comes in via a very study attachment, the Burley Piccolo – while its more costly its far sturdier, more responsive, better designed, more reliable than the Norco/Adams Trail-a-Bike).

Back to Peak Oil. Today I put together a basic, publicly accessble, gentle primer on peak oil. Its worth downloading and reading some of the linked articles and PDF files. Have a good read through the US Energy Information Agency’s own material.

Then you might go back and read an article on demand I wrote. From an investor’s perspective its interesting, even if you don’t know or care what Peak Oil is, as , so far, EIA estimates on demand seem awfully light and do not fully take into account the increase in demand from developing nations like China and India.