You have to wonder about the judgment of a man who writes, "As I drive by those smelly refineries on the New Jersey Turnpike, I want to roll the windows down and inhale deeply." But for Kenneth S. Deffeyes, that's the smell of home. The son of a petroleum engineer, he was born in Oklahoma, "grew up in the oil patch," became a geologist and worked for Shell Oil before becoming a professor at Princeton University. And he still knows how to wield a 36-inch-long pipe wrench.

In Hubbert's Peak, Deffeyes writes with good humor about the oil business, but he delivers a sobering message: the 100-year petroleum era is nearly over. Global oil production will peak sometime between 2004 and 2008, and the world's production of crude oil "will fall, never to rise again." If Deffeyes is right--and if nothing is done to reduce the increasing global thirst for oil--energy prices will soar and economies will be plunged into recession as they desperately search for alternatives.

This article was originally published with the title The End of Oil.

2 Comments

1. 1. Clear Thoughts 12:51 PM 4/6/09

   I just don't see why we are still dependant on a source that will terminate. We knew this was going to happen why not just have a second option so the change to solar,wind,ocean and nuclear power wouldn't freak out those who are oil thirsty .

   Reply | Report Abuse | Link to this

2. 2. smallgenius 09:07 PM 11/13/09

   You know, an interesting article was published that showed that we probably have another 100 years of easy oil. The worst thing that could happen is that government puts too many restrictions on oil buisness, disrupting the free market.

   Reply | Report Abuse | Link to this