An excellent article. Peak oil is a reality and whether it has already occured, is occuring now, or will occur in the future, one this is sure: eventually we will no longer have access to affordable oil and oil-based products.
Dow Chemical, which you mention above, is evidence of that with recent increases of up to 25% in the price of its products. Same for Air Liquide America:
Oil is the driving force behind most of the adversity we've seen lately from the resource war in Iraq to the tensions centered around the Baku-Tbilisi-Ceyhan pipeline where Russia and the U.S., by proxy of Georgia, are staring each other down over missile defense shields and tactical nuclear weapons.
A general study of peak oil will bear out these intricancies and more some may never have thought of. Connecting the dots with regard to oil exposes just how vulnerable our existance, based on this finite resource, has become.
But, alas, there are some hopeful things happening in the transition to alternative and renewable energy technologies which will hopefully one day reduce our dependence on oil. Google.org, the philanthropic arm of Google, Inc., in investing $10.25 million in geothermal research and development. Not that large for a company as stout as Google but I'll take whatever I can get.
Dow Chemical, which you mention above, is evidence of that with recent increases of up to 25% in the price of its products. Same for Air Liquide America:
http://www.eetimes.com/news/semi/showArticle.jhtml?articleID=210101875
Oil is the driving force behind most of the adversity we've seen lately from the resource war in Iraq to the tensions centered around the Baku-Tbilisi-Ceyhan pipeline where Russia and the U.S., by proxy of Georgia, are staring each other down over missile defense shields and tactical nuclear weapons.
A general study of peak oil will bear out these intricancies and more some may never have thought of. Connecting the dots with regard to oil exposes just how vulnerable our existance, based on this finite resource, has become.
But, alas, there are some hopeful things happening in the transition to alternative and renewable energy technologies which will hopefully one day reduce our dependence on oil. Google.org, the philanthropic arm of Google, Inc., in investing $10.25 million in geothermal research and development. Not that large for a company as stout as Google but I'll take whatever I can get.
http://alternawatt.info/2008/08/20/google-goes-gagga-for-geothermal/