The author provides the rare exception to the flood of hoopla about abundant oil supplies emanating from corporate media. Unlike the latter reports, he supplies hard data. But first he deals with corporate hacks who are ecstatic about the demise of the premier website regarding peak oil, The Oil Drum.
The Oil Drum, a Web site dedicated to informed discussions about peak oil and energy, announced on July 3 that it is closing down. Those who hate the peak oil story didn’t bother to conceal their glee at the news; some even saw occasion to claim victory for their side in the “debate” over the future of fossil fuels.And, it's clear from the data that, yes indeed, post-peak oil is only approximately one decade away. For those of you who do not have your heads buried in the sands of corporate wishful thinking and want to keep informed on the issue, I highly recommend Gail Tverberg's Our Finite World, but there are several others: ASPO International, PeakOil, and Peak Oil Info & Strategies.