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Wednesday, October 10, 2007

Economic Impact of Peak Oil - What If ...?

Have you ever asked your self what would happen if you cannot get to work because there is no fuel to fill the tank of your car or if your phone company is not able to maintain their phone line networks because they are not able to drive the maintanance team to the phone lines that broke after a storm in your area? Have you ever asked your self what would happen if crude oil was not freely available anymore?

Gail Tverberg is working on a booklet on the topic of peak oil consequences, which can be found at Gail posted some of her answers to peak oil impacts on the economy, which could guide you in your personal actions regarding the peak oil event and shape your peak moments.

*) GailTheActuary's real name is Gail Tverberg. She has a M. S. from the University of Illinois in Mathematics, is a Fellow of the Casualty Actuarial Society, and is a Member of the American Academy of Actuaries. You can read more about Gail at her page at . Gail hosts also a meeting group at

You can read Gail's three parts of the Economic Impact of Peak Oil on The Oil Drum pages:

Part I:
Part II:
Part III:

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You might have heard: oil is a finite resource. So, it will run out one day. But before that happens crude oil production rates will decline and world oil supply is at risk. Some say peak production is already at hand and the curde oil markets are out of control. The goal of this blog is to provide the most comprehensive and updated platform on the topic of peak oil.

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