An observation worth noting … and pondering, from Earth Projects [quoting comments from David Demshur,  Chairman, President, CEO of Core Laboratories]:

Many of you know that we are peak oil guys and we believe that we are at the plateau in what the globe is going to be able to produce annually. We will be able to stay at this plateau for the next 3 or 4 years. We use about a 2 1/2% net decline curve rate every year. So we need to replace about 2.3 million barrels of production every year, and we think we can do that over the next 3 or 4 years, but inevitably we will, the globe will go into decline…

It’s probably worth noting that Mr. Demshur’s company is involved with more than a quarter of the 4000 actively producing oil fields worldwide. Some might take that to mean he knows what he’s talking about, if facts and expertise mean anything.

Citing authoritative other sources, Kurt Cobb recently noted that “… 80 percent of all transportation fuel worldwide is still derived from petroleum,” and that here in the U.S., “the number is 93 percent.” [That link also provides links for the other articles in Kurt’s six-part series written for the Christian Science Monitor. Well worth reading! One of those articles also referenced Mr. Demshur’s comments.]

Since we still and will continue to rely on fossil fuels to provide us with the infrastructure needed to transition ourselves away from fossil fuels to … whatever, and since transportation requires so much fossil fuel resources now, and since we can only stretch our current peak oil production plateau just a few years longer, I’m thinking we might be running up against a problem or two in the not-too-distant future!

And the national plans for addressing this looming challenge are … where? [Good thing the GOP has no use for public transportation!] Why have a problem if you can’t turn it into a potential catastrophe….

~ My Photo: Zion National Park, Utah – 09.01.07

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