August 21, 2005
Peak Oil Hits Corporate Media
By: Rowan Wolf
Well peak oil is finally hitting the corporate media - though national television hasn't said much of substance yet. In my Sunday local paper (The Oregonian), in the commentary section, is After the oil runs out by Tim Holt. The New York Times prints The Breaking Point. Vital Trivia Global Light Sweet Crude Has Peaked, and on 8/17/05 the Chicago Sun-Times sites an oil pundit on the possibility of gas prices at $10 a gallon (if terrorist strike a major refinery). Drivers in the U.S. are grinding their teeth on the price run-up. What will they do with news like this?
The reality of the side effects of increasing gasoline prices are also starting to make the news (after reports of how the increases aren't effecting the economy. One of my local news stations had a brief piece on people having to cut their food purchases in order to pay for gas to get to work. Those who were already past that point are hitting the food banks. Gas for work or food to eat? In a short piece that goes a bit beyond the food issues, the Washington Post writes Coping Tales Reflect Strain.
On 8/14, I wrote My Take On What's Coming, and offered a few short term preparation suggestions. I would appreciate adding to that list, so please submit your ideas in the comments. If we get enough, I will publish a strategy list that you can print out and share with others. Please share your ideas - it could make a big difference to everyone.