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Hoarding is exactly what the government is doing right now by filling the SPR, and frankly it's the best thing that could happen. It drives prices up. High prices encourage demand destruction. They also finance new well development. The hoarded oil gives us a buffer to fall back on once shortages become more prevalent. High prices are what we need in order to adapt to what's coming, and the sooner they happen, the better.

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Principles for the Post-Peak Oil Job Market
Public Policy; Political and Legal News

Many types of jobs will cease to exist: public relations executive, marketing directors, et cetera. I think work will be very hands-on, and a lot of it will revolve around food production.

-- James Howard Kunstler, 2003

When I speak before college audiences about peak oil, I often ask if there are any engineers present. I suggest that they concentrate on jobs that will produce rather than consume energy, particularly energy that is renewable and doesn't create greenhouse gas emissions. While it is difficult to tell exactly what kinds of jobs will be available in the post-peak oil age, inklings of some broad principles are coming into view.



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Posted on Sunday, April 30 @ 22:51:20 PDT by Carrie
 
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Most read story about Public Policy; Political and Legal News:
ARE We Out of Gas Yet?

 
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