Peak Oil Prediction

Posted by Max Dunn Sat, 22 Dec 2007 18:35:09 GMT | no comments

I haven’t written in my blog yet about peak oil, although my friends and family have certainly gotten an earful. I will be writing more about it in the future, but for now I wanted to put a stake in the ground and publish my prediction of worldwide peak oil. Here it is.

I believe that worldwide our demand for oil is now passing our total possible production which will lead to sporadic shortages and continuing price increases. (Of course there will be ups and downs along the way, but this will be the overall trend.) In concrete terms, I believe that sometime before the end of 2011 oil will hit $200 a barrel, gas will cost $7 a gallon and there will be times when we won’t be able to get gas to fill our cars.

There it is, my peak oil prediction has now been published.

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When to Buy an Electric Car?

Posted by Max Dunn Tue, 04 Dec 2007 17:15:19 GMT | 2 comments

That is the question – whether to buy a low-speed electric vehicle now, or wait for a high-speed electric vehicle later? Here are the factors I am looking at:

  • What type of transportation do I need?
  • When will high-speed electric vehicles really arrive?
  • How much will they actually cost?
  • When will the severe oil shortages start?
  • Will there be subsidies for electric vehicles?

The short answer is that I am going to buy a low-speed NEV now and wait for later to buy a freeway capable electric car. Here is the long answer:

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