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Oil – The Coming Supply Crunch (Part I)
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April 5, 2009
Oil – The Coming Supply Crunch (Part I)
April 5, 2009
Sunday, April 5, 2009 Executive Summary The relationship between oil and global GDP is explored The “undulating plateau”: How Peak Oil and the economy interact The G20 plan: Why the stimulus plans cannot possibly return the world to growth Oil demand Oil supply (production) Why volatility in energy prices is virtually assured Shortages and a spectacular rise in the price of oil predicted The world’s energy system is at a crossroads. Current global trends in energy supply and consumption are patently unsustainable – environmentally, economically, socially. But that can – and must – be altered; there’s still time to change
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