Oil production could peak next year, reports John Vidal. Just kiss your lifestyle goodbye
The one thing that international bankers don't want to hear is that the second Great Depression may be round the corner. But last week, a group of ultra-conservative Swiss financiers asked a retired English petroleum geologist living in Ireland to tell them about the beginning of the end of the oil age.
They called Colin Campbell, who helped to found the London-based Oil Depletion Analysis Centre because he is an industry man through and through, has no financial agenda and has spent most of a lifetime on the front line of oil exploration on three continents. He was chief geologist for Amoco, a vice-president of Fina, and has worked for BP, Texaco, Shell, ChevronTexaco and Exxon in a dozen different countries.
"Don't worry about oil running out; it won't for very many years," the Oxford PhD told the bankers in a message that he will repeat to businessmen, academics and investment analysts at a conference in Edinburgh next week. "The issue is the long downward slope that opens on the other side of peak production. Oil and gas dominate our lives, and their decline will change the world in radical and unpredictable ways," he says.
I say, let it crash! I so thoroughly despise this way of life that I welcome the coming disruption. I've come to the conclusion that the vast majority of my fellow citizens are ignorant, selfish twits and the sooner their way of life turns into the pit of hell the better. Enjoy your fucking SUV and house in suburbia, your trips to The Gap and Walmart... it will end soon enough. Idiots. The future is going to punch you in the face.
Whooo.... I'm not angry am I? Guess I need to get back to the flowers and fuzzy bunnies.
Technorati tags: Peak Oil, Environment, Natural Resources