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Peak Oil is not right-wing

Peak Oil theorists come from all walks of life and political persuasions. For my part, I am a democrat hoping for an Obama win. That said, I think many are failing to see the obvious truth -- world oil production has hit a peak/plateau and is, inevitable, being dragged into decline. At this moment 55 of the world's 64 major oil producing countries are in decline, world oil demand outstrips available supply, and supply has been falling in the face of record prices. The only country in the world supposedly able to increase production through spare capacity -- Saudi Arabia -- has seen falling production for the past two years running.

The geopolitics you so liberally mention is simply window dressing for the crisis we are entering. We are in the age of Peak Oil now and the more quickly we get over denial, the better we may be able to manage the problem.


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