economics energy film sustainability transport

A crude awakening

https://i1.wp.com/www.up4arb.com/vb/imgcache/357.imgcache.jpgA Crude Awakening, the oil crash documentary, opens today in the UK.

It’s not going to be the easiest film to find, but there’s a list of screenings here.

There couldn’t be a better time for it really, with fuel prices hitting £1 a litre for the first time recently, and crude prices threatening to break through the $1oo a barrel point at the moment.

Peak oil theorists have always said we would reach a turning point where oil production would peak, and from then on prices would rise as oil became harder and more expensive to pump. It would be impossible to predict when that might happen, we’d only know afterwards. According the US Government’s official statistics, oil production has hit a plateau, and then declined for the first time. You can see for yourself here.

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