Peak Oil

So scientists reckon we are nearing the point where we cannot extract oil from the ground as fast as we consume it. They project that we are just about at the point where we have used half of the worlds supply. Apparently we have just 20 to 30 years of oil left. Ever increasing demand coupled with restricted supply is a recipe for ongoing price rises.

Sounds terrible?

It doesn’t worry me.

We just have to get smarter, more efficient and use renewable resources. As the oil prices increase, the utilisation of alternative energy sources becomes more viable.

Bring it on I say!

In the mean time I reserve the right to gripe just like all the rest of you about the price of filling the tank of my car.

Leave a Reply

Your email address will not be published.