I am sorry for the recent lack of content. In addition to welcoming home the new addition to my family I have also been asked to participate this weekend in the Triangle Conference on Peak Oil and Community Solutions. For those of you here in the
Today, March 20, 2006, was suppose to have been the opening day for the oil bourse set to trade crude oil in euros. I wrote about it here. Turns out the opening has been delayed. Those of you who would like to read more on the topic should check out this article.
If you are interested in continuously updated information on smart and thoughtful ways to respond to peak oil and energy decent I highly recommend visiting Transition Culture. Mr. Rob Hopkins is diligent about updating with new and relevant information.
I would like to draw your attention to a document I read this past week. It’s entitled Energy Trends and Implications for the
“The days of inexpensive, convenient, abundant energy sources are quickly drawing to a close.”
“In general, all nonrenewable resources follow a natural supply curve. Production increases rapidly, slows, reaches a peak, and then declines (at a rapid pace, similar to its initial increase). The major question for petroleum is not whether production will peak, but when.”
“World oil production is at or near its peak and current demand exceeds the supply.
“Currently, there is no viable substitute for petroleum... In summary, the outlook for petroleum is not good. This especially applies to conventional oil, which has been the lowest cost resource. Production peaks for non-OPEC conventional oil are at hand; many nations have already past their peak, or are now producing at peak capacity.”
“The impact of excessive, unsustainable energy consumption may undermine the very culture and activities it supports. There is no perfect energy source; all are used at a cost.”
On that somber but straightforward note let me add that Powering Down will itself be transitioning into a more comprehensive website over the coming months. While I still plan to rant about energy issues as a form of peak oil therapy I am hoping to provide other information on such topics as our currently emerging community garden, a schedule of energy-related events in the area, useful directions on everyday adaptations for American household in anticipation of peak oil, etc. The site will focus on the