Energy Crisis Internet Opinions

Filed in archive Market , Opinion , Peak Oil , World on May 7, 2006

With the potential of a pending energy crisis on many peoples minds here are several select excerpts reporting what people are saying about the energy crisis across the Internet:

"I am trying to develop arguments in support of a new science that will gradually replace economics as the tool of sustainability and wealth distribution. I must confess that at present I am not very hopeful about the future..."
Alternet.org

"U.S. demand for oil fell more than 2% in March, according to the American Petroleum Institute, even as economic growth boomed."
TheStreet.com

"Everyone realizes that oil and gas are finite resources which will become scarce and expensive some day. There will be a transition to sustainable energy sources. The only question is when and how--and how orderly." PlantetforLife.com

"The idea that there is a crisis or a "situation [that] will take years for us to overcome" was a "stunner," Byrne says. "The objective evidence is just against it."
Forbes.com

"I'm having a hard time keeping up these days. Oil now above $70 for an extended period and not likely to dip much below it. Global production is flat with various geo-political situations and a new hurricane season looming. Speaking of hurricane season did you know that the surface water temperatures in the Gulf of Mexico are currently 4-7 degrees above this time last year and are essentially equal to (slightly above) the normal temps of early June, the official start of the season? If this keeps up for another few years (and I think it will) seems logical that we'll see an official lengthening of the season. We'll soon realize that peak oil and peak climate have arrived at the same time. Interesting times indeed."
OurTomorrow.blogspot.com

"Fossil fuels make up 85 percent of the world's present energy use, and developing economies will greatly increase their use of fossil fuels to meet their economic and social goals. This need for more energy, coupled with the cumulative effects of carbon dioxide emissions from fossil fuel combustion, have the world running headlong toward climate change. By midcentury, we will have a very real problem and we cannot wait until then to find the technological answers."
web.MIT.edu

"One thing which I only rarely see mentioned in connection with PeakOil is how the world will cope without any plastics. Think about how we have come to reply on plastics in the medical world, for the storage of information and worldwide communications. Glance around your home or office and imagine it without any plastics."
PeakOil.com

"Leading energy chiefs have assured that there are adequate world energy supplies, and that the market and governing energy institutions are able to absorb energy shocks. "There is no reason for pessimism," declared Jeroen van der Veer"
WeForum.org

"But even if we could somehow indefinitely conjure up enough energy for everyone who wants it, without risking conflict and mayhem in bringing it back home, there would still be an enormous problem - how to use the energy without causing unacceptably high levels of damage to the natural world."
News.BBC.co.uk

What's your opinion on the energy crisis?