• Welcome to my Peak Oil blog site!

    I have created this website as a place to post what I've been learning about peak oil and our current energy crisis. Peak Oil theory states that at some point global oil production will reach a maximum then enter a state of terminal decline. While I haven't made any firm decisions regarding peak oil and related topics, it is increasingly obvious that the end of 'cheap oil' is very near if it hasn't arrived already. The phenomenon of peak oil, if proven accurate, will have serious trickle down effects as transportation costs will increase, which in turn will increase the cost of finished products. Food costs will skyrocket since crude oil is used to produce fertilizer to grow our crops. Sectors of the of the economy that rely on disposable income, especially travel and entertainment, will also suffer. I don't want to come off as being radical or alarmist, but at the same time I think this is worthy of our attention. I encourage you to check out the pages of this site, and the news feed and additional links in the side bar. Let me know what you think!

  • Archives

By the Numbers — How 2008 Shakes Out

Posted on January 7, 2009 by jkibbe

Now that 2008 is finally history, it’s time to look back at the year in numbers — most of them pretty terrible.
-33.84% The percentage loss in the Dow industrials, worst since 1931, third-worst in history.
-38.49% The percentage loss in the S&P 500, worst since 1937.
-40.54% The percentage loss for the Nasdaq Composite Index, worst in [...]

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Happy New Year!

Posted on January 2, 2009 by jkibbe

It’s been a month since I’ve posted, and gasoline is at a three year(?) low of abotu $1.59 per gallon.  That’s great for those with SUV’s like me (and millions of other Americans!), but it also means that auto companies have less incentive to sell cars with good fuel economy (i.e. small) in the U.S., [...]

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