It looks like the Moonies over at teh Washington Times get it also. It’s good to see pseudo-mainstream newspapers discussing not only peak oil but its oft-ignored implications.
The issue is not simply a concern that we will have to pay outrageous prices for a gallon of gas. If that were the worst of it, the situation would be difficult but manageable. The reality, however, goes deeper and is much more troubling. There are multiple problems affecting the world that are having a decidedly negative net effect: a global rise in demand for crude oil, the plateau in the production of crude oil (which may indicate the peak has already been reached) and continued global population growth. Together, these three factors are serving to shove the world into a crisis that has ominous possibilities.
When there isn’t enough oil to satisfy global demand, the price obviously rises. Perhaps less obvious, however, is the effect this price increase has on the world’s ability to produce food. Every stage of the food production cycle is affected by petroleum and a rise in the price of a barrel of oil has compounding effects: It costs more to run the farm machinery, more to buy the fertilizer, more to take it to market and more for processing. In the United States, this results in raised eyebrows at the grocery store. In parts of the world where upwards of 75 percent of a family’s income goes to buying food, it results in social unrest and riots.
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