I’ve had a quite serious interest in the “peak oil” idea for a while now. Short version: at some point, some people say soon, oil will get harder to extract, demand will exceed supply, prices will sky rocket and our oil based economy will hurt - badly.
Hugh blogged about this briefly. Unfortunately, his comment is the one heard most often and as much as I love his blog, I have to disagree strongly. The magic “alternative fuel” isn’t as magic as it seems. Yes, alternative fuel sources will come on. But it’s not so simple. It will take a long time to switch over, and make all the new cars. And guess what making new, fuel efficient cars takes? Yep, oil.
But here’s the scariest bit. Oil is used in more than just cars. Norman Borlaug won the Nobel peace prize in 1970 as a result of his scientific research which reduced world hunger. He developed new strains of wheat (based on the Japanese Norin 10 strain) which dramatically increased crop yields. Some have credited his work with saving a billion lives - particularly in Mexico, India and Pakistan, where a food crisis was rapidly approaching. It could be said that the population growth over the last few decades wouldn’t have been possible without his work and the work of others like him. These strains & their descendants are now the dominant varities of wheat used today. The catch? In order to get such dramatically increased crop yields, more energy needs to go into the system, as food is essentially energy. The source of the energy? Oil based fertilisers. So, to summarise: we have a dramatically increased population size which is not sustainable without oil based agriculture, and we are running out of oil.
I’m not going to be a panic merchant. But I’m also not going to wave the magic alternative fuel wand either. Solar power ain’t no good for growing plants. There simply is no other source of fuel which is as efficient as oil - there is no direct replacement. Many other oil uses have no direct replacement and those that do often require massive work. After decades of trying hybrid cars have only just started to become popular, true commercial electric cars are nowhere to be seen yet. Some people are predicting total collapse of civilisation - and I’m not talking about nut cases here, I’m talking about scientists working in the field. Some are predicting a major depression as society goes through massive adjustments and builds an entire new infrastructure to replace our oil dependencies. Some are predicting a massive die off as we simply run out of food - they say we have more people than the planet can sustain, so the population will have to adjust. And some predict that science (of a form unknown) will magically solve all our problems and life will continue.
Me? I’m not sure. I don’t think there will be a total collapse. I do think a significant depression is likely. I do also think wars will result. There’s a multiple of historical precedence for it - in the past when societies have collapsed due to shortage of a critical resource (such as Easter Island with wood, and the Anasazi Indians with just not enough food due to an over expanded population as a result of a long period of especially good weather allowing them to grow lots more food than their area would normally allow) war has always resulted. Given the belligerent tendencies of some of our world leaders, I doubt that our more “civilised” generation will fare much better.
When will this happen? That’s the big question. No one knows. The most common predictions I’ve seen are later this decade - 2007 is a common theme. Very few are predicting later than 2020. Exxon are predicting non-opec peak oil will arrive in about 5 years. Opec peak oil is probably the most hotly debated issue as Opec claim they are good for decades, but independent scientists disagree with them. Who knows?
Want to find out more? There’s a LOT of information out there. Google & the term “peak oil” will keep you busy for weeks. I hope it does turn out to be a panic over nothing and science will smooth the road. Read up seriously and draw your own conclusions. Maybe your life depends on it?