New Peak Oil Analysis

Seeking Alpha has posted a very troubling blog entry this morning on the topic of Peak Oil. The post reviews international analyses and expert presentations that suggests that we may be closer to a Hubbert-like peak event than the U.S. press are reporting. The article suggests that many in the international community are already beginning to plan for a high and volatile oil price future. However, the author Chris Nelder of Energy & Capital has found very limited coverage of this topic in U.S. press, in marked contrast to coverage in other countries. These international analyses suggest that this reality may come sooner rather than later. If this concern proves correct, the U.S. could be in for a rough ride.