Deaths-head Jester

[The Project]
[The ApocaDocs]
[Equal Share]
The Six Scenarios:
[Species Collapse]
[Infectious Disease]
[Climate Chaos]
[Resource Depletion]
[Biology Breach]


It's weekly, funny, and free!


More than 5,600 stories!

A great gift
for crisis deniers!

The ApocaDocs have a Book!
Humoring the Horror of the
Converging Emergencies
94 color pages
$24.99 now $15!
Or read FREE online!


Ping this story
in social media:

Posted Fri Mar 26 2010: from Science Daily:
World Oil Reserves at 'Tipping Point'
The world's capacity to meet projected future oil demand is at a tipping point, according to research by the Smith School of Enterprise and the Environment at Oxford University. The age of cheap oil has now ended as demand starts to outstrip supply as we head towards the middle of the decade, says the report. It goes on to suggest that the current oil reserve estimates should be downgraded from between 1150-1350 billion barrels to between 850-900 billion barrels, based on recent research. ... The report also raises the worrying issue that additional demand for oil could be met by non-conventional methods, such as the extraction of oil from Canada's tar sands. However, these methods have a far higher carbon output than conventional drilling, and have been described as having a double impact on emissions owing to the emissions produced during extraction as well as during usage.
[Read more stories about: peak oil, low-energy future, alternative energy, tipping point]

No reader quips yet -- be the first!

Got a PaniQuip?

Your Quip (limit 140 characters, no links, just wit):

First name:

The text shown in the Web image to the right:

We reserve the right to reuse, remove, or refuse any entry.

'Doc Michael says:
Reserves downgraded? But I thought growth could continue forever!

More stories:
  • Worst Ice Year on Record Kills Canadian Seals Before Hunters Can
  • Alternative flame retardants leach into the environment
  • (World Oil Reserves at 'Tipping Point')
  • Sickness Stalks Indian Farmers Using Chemical Banned in Europe
  • Blighted beaches: Britain's shores are drowning in litter

  • Want to explore more?
    Try the PaniCloud!
    Copyright 2010 The