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Article: The Next Energy Crisis: Even before Hurricane Katrina savaged oil and gas facilities on the Gulf Coast, experts were concerned that we're running out of oil-and will face a drastically changing economy. Here's what you need to know.
- Article from:
- Financial Planning
- Article date:
- October 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Have you heard about Peak Oil yet? The idea-that the world is maxing out on its ability to produce oil and will soon be faced with a dwindling supply-is capturing the popular imagination. The Peak Oil concept is now being discussed in academic circles, in books and in cover articles for reputable magazines such as National Geographic and The New York Times Magazine. The recent devastation of oil facilities along the Gulf Coast by Hurricane Katrina (and the accompanying spike in energy prices) has added urgency to the conversation. When the final tally is in, how much oil will we have lost? Is it possible for the world to be running out? Will we never see $2-a-gallon gas ...
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Article: Worldwide peak oil may already be here--now what?
Pipeline & Gas Journal;
January 1, 2008 ;
700+ words
... ... of the Association for the Study of Peak Oil & Gas--USA (ASPO) at the ... global economy. The aftermath of peak oil will have major ripple effects for ... will only grow in intensity. What Is Peak Oil? Dr. M. King Hubbert laid the foundation ...
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