{"id":25748,"date":"2012-01-25T21:35:19","date_gmt":"2012-01-26T04:35:19","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/2012\/01\/25\/fiddling-while-peak-oil-burns.html"},"modified":"2012-02-01T10:26:04","modified_gmt":"2012-02-01T17:26:04","slug":"fiddling-while-peak-oil-burns","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2012\/01\/25\/fiddling-while-peak-oil-burns.html","title":{"rendered":"Fiddling while peak oil burns"},"content":{"rendered":"

While there is no shortage of doomsayers in the world, it's been known for many decades that the easily retrievable oil in the world is in finite supply. Unfortunately, until things get bad, nobody will have the economic (and therefore political) incentive to do anything about it … and once things do<\/i> get bad, nobody will have the economic resources<\/i> to do anything about it. #ddtb<\/p>\n

Reshared post from +Lucas Wiman<\/a><\/strong><\/p>\n

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Embedded Link<\/strong><\/p>\n

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\t\t\t\t\t\t\t\t\t\t\t\tWe've hit "peak oil"; now comes permanent price volatility<\/a>
\n\t\t\t\t\t\t\t\t\t\t\t\tSince 2005, the global production of oil has remained relatively flat, peaking in 2008 and declining since, even as demand for petroleum has continued to increase. The result has been wild fluctuations in the price of oil as small changes in demand set off large shocks in the system. In today's issue of Nature, two authors (the University of Washington's James Murray and Oxford's David King) argue that this sort of volatility will be all we can expect from here on out\u2014and we're likely to face…\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n

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While there is no shortage of doomsayers in the world, it's been known for many decades that the easily retrievable oil in the world is in finite supply. Unfortunately, until things get bad, nobody will have the economic (and therefore political) incentive to do anything about it … and once things do get bad, nobody … Continue reading “Fiddling while peak oil burns”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[106,77,63],"tags":[107],"class_list":["post-25748","post","type-post","status-publish","format-standard","hentry","category-plusposts","category-economy","category-environment","tag-ddtb"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":37859,"url":"https:\/\/hill-kleerup.org\/blog\/2013\/06\/20\/trust-us-were-the-oil-company.html","url_meta":{"origin":25748,"position":0},"title":"Trust Us: We’re the Oil Company","author":"***Dave","date":"Thu 20-Jun-13 1:47pm","format":false,"excerpt":"Safety! 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