Foreign Policy and “Oil -the Long Goodby”

Posted on September 8, 2009

0


The news journal Foreign Policy is based in Washington and is published fortnightly. The latest issue has the theme ”Oil – The Long Goodby”. The leading article is written by the legendary author of the book “The Prize”, Daniel Yergin. He notes that oil will continue to determine the world’s future but he holds no great concern for future oil production. He mentions “Peak Oil” but does not take it seriously:

“Just because we have entered this new age of high-velocity change does not mean this story is about the imminent end of oil. Consider the “peak oil” thesis — shorthand for the presumption that the world has reached the high point of production and is headed for a downward slope. Historically, peak-oil thinking gains attention during times when markets are tight and prices are rising, stoking fears of a permanent shortage.”

I am pleased to say that the journal’s correspondence editor has invited me to comment (in ~300 words) on Daniel Yergin’s article. I have now sent in my contribution and you will be able to read it in about 10 days when it is published. However, before that you can read Daniel Yergin’s article, “It’s still the One”.

(Swedish)

Tidskriften ”Foreign Policy” har sitt säte i Washington och kommer ut var annan vecka. Det senaste numret hade som tema ”Oil – The Long Goodby”. Den ledande artikeln är skriven av den legendariske författaren av boken ”The Prize”, Daniel Yergin. Han markerar att oljan även i fortsättningen kommer att styra världen och han känner ingen större oro för framtida produktion. Han nämner ”Peak Oil” men tar det inte på allvar:

“Just because we have entered this new age of high-velocity change does not mean this story is about the imminent end of oil. Consider the “peak oil” thesis — shorthand for the presumption that the world has reached the high point of production and is headed for a downward slope. Historically, peak-oil thinking gains attention during times when markets are tight and prices are rising, stoking fears of a permanent shortage.”

Till min glädje har redaktören för brev till tidskriften erbjudit mig att kommentera Daniel Yergins artikel med 300 ord. Jag har nu skickat in mitt bidrag och då det publiceras om ca 10 dagar så skall ni få läsa det, men läs först Daniel Yergins artikel “It’s still the One”.

Posted in: Dagsaktuellt