Deaths-head Jester

[The Project]
[The ApocaDocs]
[Equal Share]
The Six Scenarios:
[Species Collapse]
[Infectious Disease]
[Climate Chaos]
[Resource Depletion]
[Biology Breach]


It's weekly, funny, and free!


More than 5,600 stories!

A great gift
for crisis deniers!

The ApocaDocs have a Book!
Humoring the Horror of the
Converging Emergencies
94 color pages
$24.99 now $15!
Or read FREE online!


Ping this story
in social media:

Posted Thu Oct 8 2009: from BusinessGreen:
Is the sun setting on oil supplies?
There is a "significant risk" that global oil supplies could peak within the next decade, according to a major new report which warns that increased oil price volatility and dwindling supplies will impact businesses far sooner than officially suggested.... It also warns that the UK government is not alone in being unprepared for this scenario, which would result in rising oil prices and increased price volatility. "In our view, forecasts which delay a peak in conventional oil production until after 2030 are at best optimistic and at worst implausible," said the report's chief author Steve Sorrell. "And given the world's overwhelming dependence upon oil and the time required to develop alternatives, 2030 isn't far away." The report downplays the implications of recent big oil discoveries, such as those announced in the Gulf of Mexico, arguing that with oil demand currently running at 80 million barrels a day even big finds would only delay a peak in supplies by a few days or weeks.
[Read more stories about: peak oil, faster than expected, carbon emissions]

No reader quips yet -- be the first!

Got a PaniQuip?

Your Quip (limit 140 characters, no links, just wit):

First name:

The text shown in the Web image to the right:

We reserve the right to reuse, remove, or refuse any entry.

'Doc Jim says:
Hmmm... that commute is a little daunting, by bicycle.

More stories:
  • Cost of climate change: Pay now, or pay a lot more later
  • BPA linked to aggressive behavior in young girls, research suggests
  • (Is the sun setting on oil supplies?)
  • Shopping habits of China's 'suddenly wealthy'
  • Inside the 'Chamber of Carbon'

  • Want to explore more?
    Try the PaniCloud!
    Copyright 2010 The