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Peak Oil










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US Army Report on Peak Oil

These are words from a recently a released US Army (yes, that US Army) strategic report: “The days of inexpensive, convenient, abundant energy sources are quickly drawing to a close.”

When those tree-hugging hippies running the US military admit that Peak Oil is real and imminent, you have to mute the TV and sit up and take notice.

The Army report dealing with Peak Oil  was published jointly in September of 2005 by the U.S. Army Engineer Research and Development Center (ERDC) and the U.S. Army Corps of Engineers.

Historically, no other energy source equals oil’s intrinsic qualities of extractability, transportability, versatility, and cost. The qualities that enabled oil to take over from coal as the front-line energy source for the industrialized world in the middle of the 20th century are as relevant today as they were then. Oil’s many advantages provide 1.3 to 2.45 times more economic value per MBtu than coal (Gever, Kaufman et al. 1991). 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.

This rather unexpected candor from the Army that Peak Oil is real is welcome news in the debate as it will help to debunk the debunkers.

Energy Trends and Their Implications for U.S. Army Installations, 1.2mb.  pdf

The 8 page summary of the report, 75kb. pdf

Check out Peak Oil.

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