Monday, February 21, 2011

It's not about running out of oil so much as it is about running out of cheap oil.

Well the "Peak Oil" folks were right about ONE thing..
It's not about running out of oil so much as it is about running out of cheap oil.

          My father rode a camel. I drive a car. My son flies
                    a jet-plane. His son will ride a camel.
                        
The above quote is a popular saying used by Saudi Arabs to remind themselves that the boom brought about by the switch to oil as the energy source of first choice will be short lived-- spanning only a few brief generations.

What most Westerners fail to grasp--or refuse to grasp--is that the insight contained in this quote applies not only to the citizens of petroleum rich nations in the Middle East, but to everyone else-- including ourselves.
 This exerpt, taken from karavans.com, is indicative of the Peal Oil issue.  And while we may not be there yet, the rising price of gas is starting make riding a camel look more enticing.  ;)

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