Peak's Point Sharpening in the Media
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This past Monday afternoon I was listening Marketplace on our local NPR station. Tthere was an interview with an oil industry professional talking about what the President's options are with regard to controlling oil and gasoline prices in light of the fact that oil prices had been hitting one record high after another during that prior weeks. I was struck by how the interviewee presented the peak oil problem in the most innocuous terms. He never used the work "peak". Instead he spoke of "capacity" problems. See my recently posted item for a link to this interview.
This morning on NPR's Morning Edition there was a story about the peak in production. In it, T. Boone Pickens actually used the word "peak" and stated that he believes it is happening now. Others spoke about the peak as well. This is the first time I've heard direct coverage of the peak oil problem including discussion of consequences—it's not just the price of gasoline for your car; it's plastics, it's shipping, etc; it's recession or worse. I'm sorry I can't offer a link at this time. But you can almost certainly get it from NPR's website. It's the 2004-08-25 edition of the show.
I hope I'm seeing a trend here. Maybe with enough attention, significant amounts of venture capital will start flowing into alternative energy R&D.
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