Over the past year, American drivers have found themselves longing for the days when two dollars per gallon seemed expensive. Oil prices are rising at an unprecedented rate, and as a result, many are questioning whether the Earth's available oil supply has reached its peak. Are there still oceans of oil awaiting our discovery? How much pain you'll be feeling at the pump in the future depends on the answer.
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Have We Reached Peak Oil?
Review the Data
Intelligent readers will not be satisfied with opinions expressed on opposing sides -- they will want to have a look at the raw data to see which side's argument the data support.
A simple on-line tool is available for looking at historical production, consumption, import and export data for all the major oil producing nations. It's called the "Energy Export Databrowser" and can be found at http://mazamascience.com/OilExport /
The data visualizations found at this databrowser go a long way to explaining what has happened, what is happening and what is likely to happen with regard to oil production and cost.
- Jonathan Callahan July 24, 2008 10:18AM
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