A brief “interruption” to the flow of planned posts in the upcoming days:
I came across 3 separate articles (here, here, and here) in the past 24 hours that are worth reading in their entirety. Not much commentary is needed … the articles speak for themselves.
It is noteworthy that Richard Branson, Chairman of the Virgin Group—and an international business leader with a decidedly vested interest in oil supply and pricing—is now warning that we are soon going to find ourselves on the business end of oil supply shortages. He joins an increasing chorus of prominent international business leaders in oil-related industries making the same claims.
Chris Nelder’s article echoes themes I’ve raised previously (here and here): we will soon be facing an import shortage due to production declines in both Mexico and Venezuela. The facts he recites are worth paying attention to. Those who scoff at the notion of Peak Oil rarely get around to providing the level of detail Nelder offers us. Funny how that works….
The Frederick Banks piece offers information on an area I have not yet discussed: Russian oil production. The information he shares about Russia and production elsewhere dovetails nicely with these other two articles, giving added authority and weight to the fact that we continue to ignore the imminent consequences of declining production and supply at our peril.
Unlike the fact-free declarations of those who deny the impending onset of Peak Oil, these prominent voices provide us with more solid evidence indicating that we are indeed on the cusp of dramatic changes, and more arguments in support of meeting the challenges head-on … now.
Facts: what a concept!

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