The End Is Nigh

I'm still spinning my wheels trying to find a good guest to talk about Peak Oil, or some other important dimension of our energy circumstances (suggestions welcome). But while we wait I thought I'd share this interesting chart from The Oil Drum. Whenever you see this kind of consistency among estimates—despite its being a non-representative sample—it's probably a good idea to take a closer look, because the majority may well be right. Note how far outside the pack the IEA and EIA are! In any case, if we're going to think about a 'transitional phase' during which we adjust (or not) to running out of oil, it does look like we may be already in it.