WikiPeak Oil: Now Do You Believe It?

"Got oil?" "Not so much any more. You?"

M. King Hubbert started predicting the inevitable arrival of peak oil in 1950. In the ensuing 60 years, a steadily growing band of geologists, other scientists, and people who grasp the essentials of arithmetic have been warning strenously that peak oil is both inevitable and imminent. If they are right, its arrival will have consequences for the world that will rank somewhere between catastrophic and apocalyptic; yet, in the developed countries (and by developed, we mean oil-dependent) virtually no one in a position to do anything about it mentions the prospect, let alone taking it seriously. Now, powerful confirmation of peak oil has turned up in WikiLeaks. It’s where we learned, for example, that Prince Charles is not as well respected as Queen Elizabeth. So now do you believe? Continue reading

Has the Great Unraveling Begun?

Do the throngs in the streets of Cairo have anything to teach the passers-by in the streets of America? You bet they do. (Photo by Essam Sharaf/Flickr)

Being paranoid doesn’t mean that people aren’t out to get you. Nor does it mean that you’re ready for it when they do. We who expect the crash of the global industrial system, who believe it has already (in slow motion) begun, need to be alert for the moment when the slow irreparable lean turns into the catastrophic free fall. That is when incomplete preparations for the aftermath become exactly the same as no preparations at all. Has that moment come for us, via Egypt? Continue reading