ACT Peak Oil

Prepare for oil's decline

The Iranian navy has warned it could close the strait of Hormuz, through which a fifth of the world's traded oil passes (Iran: We'll close the strait of Hormuz, GW, 13-19 January 2012).

This would not be good for anyone, least of all the Iranians, but it may help us to prepare for what is to come as global oil supplies begin to decline, perhaps as early as 2015.

The Canberra Times published the following letter from ACT Peak Oil President Jenny Goldie on March 2.

UPDATE: click through for summary of talk.

ACT Peak Oil invites you to a public meeting with Professor Kjell Aleklett, International President, Association for the Study of Peak Oil and Gas (ASPO), Professor in Physics at the Global Energy Systems Group, Uppsala University, Sweden.

Peak Oil - an end to economic growth?

5.30 for 6pm (refreshments served)
Monday 13 December 2010

Reception room
Legislative Assembly
London Circuit, Canberra
Hosted by Shane Rattenbury MLA

Earlier this year ACT Peak Oil delivered copies of The Oil Depletion Protocol by Richard Heinberg to a number of federal MPs. So far we have received one response, from Minister Turnbull.

Body:
Dr Roger Bezdek will be speaking at a parliamentary briefing on Peak Oil. Dr Roger Bezdek is co-author of the Hirsch Report, the first public report about Peak Oil commissioned by the US Government. This makes him the "Stern-equivalent" in the realm of Peak Oil.
Hosted by ASPO Australia and Senator Rachel Siewert.

Local

• SEE-Change
• Nature & Society Forum
• Queanbeyan Food Co-op
• Climate Action Canberra
• ACT Light Rail

Agricultural Revolutionaries

• Peter Andrews (Natural Sequence Farming)
• Maarten Stapper (Soil Fertility)
  

What is peak oil?
Peak Oil is the point where the world has reached peak extraction of oil - half of the world's oil supplies will have been extracted and production will forever decline afterwards. The theory and observations began with primarily with the work of M. King Hubbert who in 1956 predicted that conventional oil extraction in the lower 48 states of the US would peak around 1970 – production peaked in 1971.

Extraction from oil fields follows a bell curve. A collection or region of individual oil fields will also follow a bell curve and with enough data a curve for oil extraction for the entire world can be developed. Increasingly evidence is providing a picture that oil extraction has either peaked or will peak by 2010.