Interesting YouTube Video on Peak Oil

An interesting video on the economic impacts of Peak Oil that’s worth a watch. (There are two versions, the longer one and the shorter one. I’ve included the longer one, as there is a little bit more information. Besides, its only three minutes longer!)

It’s actually quite a good summary of the entire problem, with a significant warning as to how a major debt crisis could be triggered as a result of the onset of Peak Oil production. Bear in mind that the last credit crunch in 2008 occurred when there was a spike in the price of Oil ($147 per barrel). That could end up looking like a dress rehearsal for what’s to come!

You Tube – Peak Oil and Economic Contraction


About Owen Law

My pen-name is ‘Owen Law’ (real name: Nicholas Davies.) I’m a science fiction writer specialising in dystopian/apocalyptic visions of the future. I’m from Shropshire, England (on the borders with Wales) and I’m in my forties. I have a background in public services and training. I’ve been working on my first novel, Dragon Line, since 2008. I’ve also written several short stories, one of which you can find on this blog (‘Matilda Leviathan‘). I now reside on the border of Shropshire and Wales, and my interests include writing (of course!), current affairs and environmental issues.
This entry was posted in Books, Current Affairs, dragon line, Economic Collapse, Energy Crisis, Novel, Oil Price, Owen Law, peak oil, post-peak, Uncategorized, Web/Tech, Weblogs, youtube and tagged , , , , , , , , , , , , , , . Bookmark the permalink.

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