Message-ID: <016801bd3f6b$1a927ba0$a5745ecc@jay95> Date: Sat, 21 Feb 1998 22:23:05 -1000 From: Jay Hanson <mailto:j@QMAIL.COM> Subject: THE END OF CHEAP OIL To: mailto:DEVEL-L@AMERICAN.EDU
SCIENTIFIC AMERICAN, MARCH 1998
on stands 24th Feb
PREVENTING THE NEXT OIL CRUNCH
Global production of oil from conventional sources is likely to
peak and decline permanently during the next decade, according to
the most thoughtful analyses. In these articles, industry experts
explain why and describe technologies that could cushion against
the shock of a new energy crisis.
THE END OF CHEAP OIL
Colin J. Campbell and Jean H. Laherrère Forecasts about the
abundance of oil are usually warped by inconsistent definitions
of "reserves." In truth, every year for the past two decades the
industry has pumped more oil than it has discovered, and
production will soon be unable to keep up with rising demand.
[ also see three more articles on energy in this issue
http://www.sciam.com/1998/0398issue/0398quicksummary.html ]
Jay -- www.dieoff.org