Oil drilling along our coast matter of time
Why there will be oil drilling along the Florida coast. The most important day in our history may have come and gone and we didn't even notice: Peak Oil Day. Simply put, Peak Oil Day is the day when we have pumped half the world's accessible oil out of the ground. From there on out, production flattens and then declines. This decline comes as the demand for oil surges in markets such as China and India. This leads to massive price increases, shortages, a worldwide recession or depression and even wars fought over remaining supplies.

Peak oil writer calls for healthcare Hirsch report
An Australian doctor called this week for a healthcare version of the well-known Hirsch report to look at mitigation options available to the healthcare sector as oil becomes scarcer over the coming few years. Such a report would allow planners and policy-makers to manage the significant expected impacts of oil scarcity and energy descent, and cause a “paradigm shift” to new and ecologically sustainable ways of delivering adequate and accessible health care for all.

MSM scare stories
What is it about the nature of the mainstream news media? Why is it always so negative? Why is it so quick to go apocalyptic? Why is the MSM so often 180 degrees wrong -- especially when its disparate but generally liberal pack members achieve consensus and put capital letters on the latest scary threat to our lives and lifestyles? Today it's Global Warming, "Peak Oil" and the Rise of China. Three decades ago it was Nuclear Winter, the Ice Age and Soviet socialism. And let's not forget the Ozone Hole and Acid Rain, two allegedly dire problems that turned out to be harmless or nonexistent once the science caught up with the hysteria and politics.

The last days of oil
"A Guy who took over a field from one of the super majors told me he knew things were worse than he’d thought once he’d set down on the platform to discover they had taken all the light bulbs away", recalls legendary oil entrepreneur Larry Kinch. "Back then, oil was down at $10 to $12 a barrel and a lot of operators were guilty of not keeping maintenance up. The big boys thought the game was up in the North Sea." Kinch is one of a growing number of smaller, highly focused players who are busy trying to reinvigorate the North Sea oil and gas sector.

Predictions vary, but one day the oil will run out
In his 2006 State of the Union address, President George W. Bush declared that the U.S. is a nation “addicted to oil” and vowed to take steps to reduce Middle Eastern imports by 75 percent by 2025. After a summer of $3-plus gasoline, most of us would see this as a good idea. But it may be too late. According to a growing cadre of petroleum geologists, the days of cheap oil are over.