by Lester R. Brown -
Jul 16th, 2009
We are an oil-based civilization, one that is heavily dependent on a resource whose production will soon be falling.
Since 1981, the quantity of oil extracted has exceeded new discoveries by an ever-widening margin. In 2008, the world pumped 31 billion barrels of oil but discovered fewer than 9 billion barrels of new oil.
World reserves of conventional oil are in a free fall, dropping every year. As I note in my latest book, Plan B 3.0: Mobilizing to Save Civilization, discoveries of conventional oil total roughly 2 trillion barrels, of which 1 trillion have been extracted so far, with another trillion barrels to go.
By themselves, however, these numbers miss a central point:
As security analyst Michael Klare notes, the first trillion barrels was easy oil, “oil that’s found on shore or near to shore; oil close to the surface and concentrated in large reservoirs; oil produced in friendly, safe, and welcoming places.”
The other half is tough oil, “oil that’s buried far offshore or deep underground; oil scattered in small, hard-to-find reservoirs; oil that must be obtained from unfriendly, politically dangerous, or hazardous places.”
This prospect of oil production peaking and countries at the same time failing to establish greater energy efficiency and renewable energy sources has direct consequences for world food security.
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