August 3, 2007

Yesterday This Day's Madness Did Prepare

One fact to keep in mind. Instead of taking their recent, unprecedented, and obscene profits and reinvesting them, big oil companies are returning the money to shareholders as dividends. Ergo there's no more oil to be discovered. We know that for other reasons, but if somebody tries to argue with you about Peak Oil, just point out to them that big oil has zero interest in getting at the truth. Or big oil's lackeys. To take another tour d'horizon of the Peak Oil situation I turned to David Strahan, an award-winning former BBC journalist who's written an outstanding book, The Last Oil Shock. David pulls the story together in a unique, intriguing and most persuasive way. I very much enjoyed talking with him and I hope you find this show interesting and useful. Total runtime an hour and fifteen minutes. (Title a verse from the Rubaiyat of Omar Khayyam.)