Peak oil – May 30

Oil Exporters unable to keep up with demand
Global demand squeezing natural gas supply
The Economist: “Peak oil” or a speculative bubble? Neither, really
Beware the hunt for scapegoats
Dr. David Goodstein calls for “Manhattan Project”-level research on green energy
Reuters: Peak oil: Fact or fallacy

Peak oil protest in Adelaide

Disaster in progress: North America’s home heating transition

The move to alternative sources of heat will put pressure on the remaining forests in North America . This transition will also threaten the climate and air quality as coal-burning expands, and it could push grain prices higher as homeowners compete for increasingly scarce grain to feed grain-burning furnaces. Electricity may also become a source of heat, potentially threatening the electrical grid.