The only time I get to read the foreign newspages without being accused of shirking is when the headline mentions oil. I’ve been reading the newspaper a lot recently.
From what I can gather, we’re staring into a future where oil is so scarce, I’m going to be lubricating the grandkids’ bike chains with butter. Forget global warming, it’ll be the increasing competition for ever-dwindling crude that’ll dictate future fleet transport habits, or so it seems.
The price of oil has doubled this year and the £1 litre is now almost casually accepted, which is scary when you consider what a ruckus it caused just a few years ago. That doubling could be down to oil speculators, just one of the many evil breeds of money-hound lurking in the City, but it could also be because we’ve reached Peak Oil. Whether we have extracted exactly half of all the world’s oil is up for debate, but I do seem to be regularly reading claims by experts that we’re now teetering at the top.
The only time I get to read the foreign newspages without being accused of shirking is when the headline mentions oil. I’ve been reading the newspaper a lot recently.
From what I can gather, we’re staring into a future where oil is so scarce, I’m going to be lubricating the grandkids’ bike chains with butter. Forget global warming, it’ll be the increasing competition for ever-dwindling crude that’ll dictate future fleet transport habits, or so it seems.
The price of oil has doubled this year and the £1 litre is now almost casually accepted, which is scary when you consider what a ruckus it caused just a few years ago. That doubling could be down to oil speculators, just one of the many evil breeds of money-hound lurking in the City, but it could also be because we’ve reached Peak Oil. Whether we have extracted exactly half of all the world’s oil is up for debate, but I do seem to be regularly reading claims by experts that we’re now teetering at the top.
