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Friday, March 25, 2005

Hubbert colleague: ANWR drilling is 'side issue'

Kenneth S. Deffeyes, a former colleague of "Peak Oil" theorist M. King Hubbert, writes in an op-ed for today's New York Times that oil drilling at ANWR is a "side issue" distracting our attention from the real problem: the looming decline in global oil production. (Link may require subscription.)

"My own independent research places the peak of world oil production late this year or early in 2006," writes Deffeyes. "A permanent drop in world oil production will have serious consequences. In addition to the economic blow, there will be the psychological effect of accepting that there are limits to an important energy resource."

Deffeyes, professor emeritus of geology at Princeton and author of "Beyond Oil: The View from Hubbert's Peak," says we should focus our attention on efficient diesel cars, wind and nuclear energy to survive the peak. "Conservation, although costly in most cases, will have the largest impact," he writes.