• 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!

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February update…

Posted on February 16, 2009 by jkibbe

Gas prices are still stable around $2, which is good for drivers, but prevents investment in alternative energy and oil exploration projects.

My spending habits haven’t changed much.  Still driving around the same amount, still going out to eat at least weekly, now I have a 2-yr. committment to DISH Network…

Congress passed yet another $800 billion partisan stimulus bill this week.  Good luck trying to raise that kind of cash, even with T-bills!

Chris Martenson was on WGBY (a PBS station in Springfield, MA), and you can view this abbreviated version of the Crash Course right here:

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