Rambo wrote:The price of oil has dropped by nearly 2/3 and no matter how people try and rationalize it you have to admit peak oil is now a hard sell.
Peak oil was never a product to be sold, it was a scientific statement of fact. What happened to the price after the peak never entered the equations though some predicted price volatility. But new V8's are products, bigger homes are products. Did you go out and buy these, did you load up on debt my long gone poster?
The awareness of peakoil was not something that governments and profit based corporations were particularly happy about but they managed to bury the knowledge under the much more immediate threat of the Global Financial Crisis that was triggered by it. Then as the dust of that settled with promises of limitless oil from emerging tight oil industries. They were also able to profit off peakoil by creating massive alternate energy industries and selling oil based technologies to an unsuspecting public. Like $100,000 cars that would last 10 or 12 years and then be worthless when their batteries died.
Now, 15 years on, we have millions of people living in their respective cities, up to their eyeballs in debt and in many cases struggling to afford the Gasoline, electricity, food and housing that forms the very basis of their lives. Even before that, in 2002 which was Australia's own peakoil point, I watched the prices of food and fuel and housing begin to climb inexorably. So what did you do with the last 15 years? Spend it partying like it was 1999? Or by making fundamental changes to your lifestyle to try and insulate yourself from the worst aspects of our loss of access to cheap oil.
The jobs of the future for many I suspect.
