R.J. Ruppenthal  @  ChelseaGreen

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U.S. Department of Energy admits oil may decline from 2011

Posted on Tuesday, April 27th, 2010 at 10:52 pm by R.J. Ruppenthal

Recently, I blogged about the U.S. military's admission that oil demand will soon exceed production, starting as early as 2012. That one was reported in the British media, but not in the U.S. (except for a few blogs and websites). Similarly, the U.S. Dept. of Energy has said that oil may begin to decline from 2011. This was reported in the French publication Le Monde by their intrepid reporter who has been after this admission for some time. Again, the U.S. media failed to track this one down, though a few more websites picked it up from Le Monde. Strange, since I would think that the imminent demise of affordable energy is just a LITTLE more important than who won American Idol or which celebrities are sleeping together. We are driving 90 mph towards the edge of the cliff and most people do not know or are in deep denial. Get started with your post-petroleum garden, folks…

http://petrole.blog.lemonde.fr/2010/03/25/washington-considers-a-decline-of-world-oil-production-as-of-2011

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