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Hubbert’s Peak

Princeton Professor Emeritus Kenneth Deffeyes spoke about the end of the oil age at the WTF 2004 conference. A near transcript of his talk is available on the Fast Company Weblog.

It’s not outside the realm of possibility that there will be an international effort to seize the Middle East’s oil fields. But to go back to your industry, the two realms are going to diverge. There’s going to be a big squeeze on hauling molecules while there’s increased capacity to move bits. The EFF folks get a lot of mileage out of the frontier theme. It’s the Wild West. Well, my great grandfather drove cattle on the Chisholm Trail. I’m afraid that my grandson will have to drive cattle on the Chisholm Trail to make a living.