Wednesday, October 24, 2007

Oil

Yesterday I wrote about water; today it's oil. The Association for the Study of Peak Oil and Gas (ASPO) just concluded a conference in Houston, and The Oil Drum has published a series of reports:



It's also been covered in the news.

If you're not careful, you can get to feeling depressed by reading all this, or you can get overwhelmed, decide it can't be as bad as this, and ignore it. I don't think either are useful. Perhaps one way out is to listen to an interview with T. Boone Pickens' at ASPO. He clearly thinks we've passed peak oil, and yet he's not gloomy and depressed. He does point out some of the adjustments we'll need to make in business and in our personal lives (e.g., natural gas for transportation instead of heating while we search for alternatives).

What's your take on all this? If these sorts of changes come to pass, will they affect our businesses? How? What are we doing in our businesses to prepare for the sort of shocks mentioned here yesterday and today? What can we do? What should we do? What opportunities do these changes open up?

Labels: ,

2 Comments:

Blogger Bill Harris said...

No sooner than I had published this than I received an email with links to Fast Company's 50 Ways to Green Your Business. Look on the right of that page for the accompanying slide show.

24 October, 2007 08:32  
Blogger Bill Harris said...

Today's The Oil Drum features an interesting posting called Another Inconvenient Truth - A presentation you can download. I wonder if the graph in their "Possible future oil production patterns" is a bit optimistic, but that's just my curiousity, not certainty, by any means. You can see my now older, qualitative projection and rationale in the model in Out of Gas: A Systems Perspective on Potential Petroleum-Fuel Depletion.

At any rate, The Oil Drum's presentation seems clear, non-alarmist, and useful if you're trying to explain peak oil to others.

29 October, 2007 17:34  

Post a Comment

<< Home