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An observation worth noting … and pondering, from Gregor Macdonald+:

As we find ourselves bumping along the plateau of Peak Oil’s apex, suddenly we find that ‘growth’ is a lot harder to come by.
Of course, if you follow the news today, this is not the story you are hearing. Talk of an energy bonanza and imminent energy independence (in the U.S.) are everywhere, thanks to gas fracking and tight oil production. What is missing from the headlines is the cost side of the equation and a blindness towards future demand.
For certain, shale gas will be a boon for the U.S. and some other countries. But very little is transported these days by gas, and there are no mega-sized infrastructure projects underway to change that anytime soon. Extraction of new tight oil plays is increasing production, but not by enough to offset other field declines elsewhere in the world, and not at the prices we were used to over the past century

Damned facts!

Growth is the mantra for oil things economic. Growth is the hallmark of our nation’s history as we’ve demonstrated our remarkable talents and capabilities to create the world’s greatest nation. No rational person can dispute that, and no can fail to be impressed by what we’ve achieved in just a few hundred years.

But none of that happened by magic, either. We were industrious enough to make use of a once-plentiful and affordable resource, and ingenious enough to devise countless applications for its use. Those who blazed the trails are deserving of all the accolades they’ve received.

But few things in life are free, and our remarkable displays of talent have created an infinitely-complex and intertwined relationship between our continuing ability to grow our economy and make use of a no-longer-plentiful-or-affordable finite resource. Something has to give. Maybe not next year or the year after, but soon enough the defining features of a finite resource and the geology to which it answers must be accounted for.

It would be in our best interests to acknowledge those realities now, and start meaningful conversations about adapting our ways of life to those realities before we have no choice—and fewer options at hand.

+ from an interview with Adam Taggart

~ My (wife’s) Photo: The stage set-up for our guitarist friend and his pop-rock group “Orleans” at the Shalin-Liu Performance Center on the shores of the Atlantic, Rockport MA – 05.27.11

I invite you to read my other blogs at richardturcotte.com

New features will debut soon at that website:

 

            * THE MIDDLE AGE FOLLIES

This new column begins on February 3, 2014. It’s a slightly skewed look at life for those of us on the north side of 50.

 

           * THE TRETIAK AGENDA

A political thriller filled with unexpected plot twists and drawn from real world historical events, this eBook was originally scheduled for publication this week. A few technical glitches has postponed it for a few more days.

TretiakAgendaEbookCoverFinal copy

 

            * LIFE WILL ANSWER

(The inspiration for the second blog at that website). This eBook is [re]-scheduled for Publication on March 5, 2014

Excerpts are being posted as of January 15th

Looking Left and Right:
Inspiring Different Ideas,
Envisioning Better Tomorrows

Peak Oil Matters is dedicated to informing others about the significance and impact of Peak Oil—while adding observations about politics, ideology, transportation, and smart growth.