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On Hubbert’s original 1956 graph, the lower dashed curve on the right gives Hubbert’s estimate of U.S.
oil production rates if the ultimate discoverable oil beneath the curve is 150 billion barrels. The upper
dashed line, for 200 billion barrels, was his famous prediction that U.S. oil production would peak in
the early 1970s. The actual U.S. oil production for 1956 through 2000 is superimposed as small circles.
Since 1985, the United States has produced slightly more oil than Hubbert’s prediction, largely because
of successes in Alaska and in the far offshore Gulf Coast.
(Deffeyes 2008: 3)
Going global
In 1997, Colin J Campbell, an independent oil industry consultant,
published a country-by-country evaluation of oil extraction. His
findings support Hubbert’s guess that the global oil production
would peak at the beginning of the 21st century.
These estimates however rely heavily on what the OPEC
(Organization of Petroleum Exporting Countries) report for the
general public. Up until the 1980s, the productivity of each OPEC
nation would be determined according to its annual production
capacity. In the 1980s, these regulations were changed: every
nation would be assigned a share of the market according to its
annual production, but also to the estimate reserves that they would
‘estimate’ themselves.
Despite of all the information and technology available, scientists
cannot come up with an exact date at which the global oil
production would peak. As Matthew Simmons, a former energy
advisor to US President George W. Bush, explained in one of his
interviews for The End of Suburbia documentary, oil peak is a sort
of a ‘rear view image’: we’ll know it happened after it had ended.
The end of cheap oil = the end of
suburbia?
According to The New York Times, in 1992
115 million people lived in the suburbia, as
compared to 78 million living in central cities
and 56 million living outside the metropolitan
areas.
A huge number to begin with and further
surveys show a tendency for the population of
suburbanites to increase.
As proud owners of millions and millions of
SUVs, the inhabitants of suburbia will feel the
shock of a sharp rise in the price of gas much
more powerfully than the urban or rural
dwellers.
The end of cheap oil = the end of
suburbia?
Possible consequences of the oil
shortage:
Food and household supplies will
be among the first to be affected :
on the one hand, most of the
US’s food products come, thanks
to the comfortable quantities of oil
available, from great distances
such as China or South America.
Once the logistic cost associated
with importing staple goods from
far away countries skyrockets,
the prices of these goods will
soon follow.
On the other hand, the Americans
have become dependent on the
great retail ‘monsters’ such as
Wal-Mart which are not always
situated at a convenient distance
from the homes.
The end of cheap oil = the end of
suburbia?
The commute:
Public transportation will
probably be the only available
solution for the severe oil
shortage. The bad news is
that public transportation in
the suburbs does not rise to
the expected standards, seen
as there has been little
investment in this department
in the latter years.
The authorities have good
reason for their reluctance to
focus on this type of projects:
low density of the population
and the low degree of
demand for public
transportation in regions
where most houses are built
with a three-car garage.
Show must go on, though…
Alternative sources of energy
Natural gas already accounts for about 25% of US
energy consumption, so the system for extracting natural
gas is already in place. However, natural gas is most
likely to follow a Hubbert-type curve, which means that
increasing extraction will only lead to the exhaustion of
this natural resource.
Hydrogen, which could provide important quantities of
clean energy in combination with oxygen, has its
disadvantages: there are no underground ‘deposits’ of
hydrogen on the cost of extracting hydrogen from water or
hydrocarbon sources is always higher than the value of
the energy that it yields.
Hydroelectricity, which currently accounts for 9% of the
energy produced in the US, poses a series of
environmental threats by interfering with the natural water
flow and with the habitat of a great number of species.
Going green…
Other voices support the
development of renewable
sources of energy, such as
solar or wind power.
Good examples in this
direction are Germany and
Spain, which in the later years
have become world leaders in
terms of wind power
technology.
The main downsides to
alternative sources of energy
are the huge investments
required to install the
turbines/solar panels and
develop new transmission
lines and the relative
’unreliability’ of such sources.
So what options does suburbia
have?