Tuesday, December 13, 2011

Peak Oil Crisis in Chesterfield, UK?

Himba 1So I was doing a little internet research about the looming peak oil crisis today. And interesting search term kept coming up, "Peak Oil Chesterfield". It kept catching my eye even though I didn't know what it was. It sounded something like it was a specific location in the world where peak oil was really coming to a head. I decided I needed to look into this further as it might be the canary in the coal mine, at least so I thought. 

It turns out though that "Peak Oil Chesterfield" has nothing specific to do with the peak oil crisis. The location is in Chesterfield in the United Kingdom. It is a local oil delivery company which has chosen for it's name, Peak Oil. I mean it's almost laughable if it wasn't so sad, right? I assume this particular area of the UK is mountainous and is at the peak of this mountain and hence the name. They say they have been in business for over 35 years and, assuming they have had the name that whole time, I'm sure they chose the name based on the topography having no idea of what peak oil would mean to you and I.

Don't get me wrong I'm sure they are a small to medium sized family business that delivery oil just like all the oil delivery companies here in the US. They are just families trying to make a buck, and until we as consumers stop calling for deliveries they are crazy not to continue this business. They could have chosen a name which was their last name, or any other multitudes of options that you see on the sides of oil trucks around making their deliveries. Put they chose peak oil. It is just a head shaker like no other!

Peak oil to me of course means the phenomenon where once you take out half of the oil out of the ground from a reserve then it is going to get harder each year to take out the same amount. It'll get more and more expensive and soon will get to the point where the amount you can sell it for isn't worth the cost to get it out of the ground. That is what happened here in the US in the 70 and lead to the infamous gas shortages and rationing. This is also what is speculated is either all ready happened or just about to happen world wide. We forgot about all the pain of the 70's because we quickly found a cheap alternative in the Middle East for cheap oil. But as we are hitting the peak oil there as well we are going to be reminded of that pain as well. The trick is this has become a global market and there aren't other cheap sources of oil to be found once these are gone!

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