Who’s saying it? Robert Hirsch, senior advisor for Science Applications International Corporation. You don’t get much more into the military-industrial complex than SAIC.
And, Hirsch says it’s coming SOON:
“It could happen within a matter of months. It could happen within a matter of a few years. But it’s essentially certain that we are at the maximum of world oil production. And after that, we’ll go into decline, and when there’s much less oil available, then, of course, the price of oil is going to increase dramatically.”
Already, the story at Raw Story has gotten tin-foilers discounting it because it comes from SAIC, or claiming it’s part of a Bush-Cheney plot, etc. Nice to know not all nutbars are on the “right.”
I think Hirsch is being somewhat over-dramatic; $15/gal gas won’t be here in months. Could it be here by 2015, though?
Absolutely, depending on how entrenched Big Oil, especially eXXXon, is on Peak Oil denialism, followed by how well they can work with nationalized oil companies to develop heavy-grade and sour oils.
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