A new episode in “Dallas”

Posted on December 1, 2012

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At the moment ASPO USA’s yearly conference is underway in Austin, Texas. The Dallas Morning News attended when the conference began and consequently published an article titled, ”Heresy in Texas! The era of big oil is almost over”.

“The conference goes through Saturday on the UT campus. There will be forums and presentations of scholarly papers. Among the speakers is Kjell Aleklett, a professor at Uppsala University in Sweden and leading peak oil theorist. Aleklett acknowledges that U.S. output has increased recently, in part because of the shale oil and gas bubble, but he defends the group’s fundamental argument that drilling capacity will soon start going down. When that happens, he said prices will go up – and the cost of everything from gasoline to agricultural products will rise. He points to how crude oil reached a record $147 a barrel in July 2008. He says that could happen again, only this time it won’t just be a spike.”

Just nu pågår ASPO USA:s årliga konferens i Austin, Texas. Dallas Morning News var här och lyssnade då vi började och det blev en artikel med rubriken ”Heresy in Texas! The era of big oil is almost over”.

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