Notes:

1. See discussion of this topic in my book Powerdown: Options and Actions for a Post Carbon World (New Society, 2004), pp. 40–41.

2. IHS discovery numbers are proprietary and costly, and so cannot be referenced directly; however this 4.5 billion-barrel figure was confirmed in personal correspondence by Chris Skrebowski, editor of Petroleum Review.

3. “Statements on Oil” Royal Swedish Academy of Sciences Energy Committee. (17 Oct. 2005) http://www.energybulletin.net/9824.html (accessed 17 Jan., 2006)

4. Chris Skrebowski, “Prices Set Firm, Despite Massive New Capacity,” Petroleum Review, October 2005.

5. http://news.bbc.co.uk/1/hi/business/4077802.stm (accessed 13 March, 2006)

6. http://www.greencarcongress.com/2005/10/ford_exec_oil_p.html (accessed 13 March, 2006)

7. Future Fuels reportf (PDF) (accessed 13 March, 2006)

8. Michael DesLauriers, “Famed Oil Tycoon Sounds Off on Peak Oil, Resource Investor, 23 June, 2005 (accessed 13 March, 2006)

9. Jeroen Van Der Veer, “Vision for Meeting Energy Needs Beyond Oil,” Financial Times”

10. Global Energy Markets (PDF) (accessed 13 March, 2006)

11. Michael DesLauriers, “Oil Forecasting Legend Discusses Peak Oil, Share Prices,” Resource Investor, 19 October, 2005 (accessed 13 March, 2006)

12. Robert B. Semple, Jr., The End of Oil, The New York Times, 1 March, 2006 (accessed 13 March, 2006)

13. Adam Fenderson and Bart Anderson, “US Army: Peak Oil and the Army’s Future,” Energy Bulletin 13 March, 2006 (accessed 13 March, 2006)

14. “Strategic Significance of America’s Shale Oil Resource,” Vol. 1, “Assessment of Strategic Issues,” Office of Deputy Assistant Secretary for Petroleum Reserves, Office of Naval Petroleum and Oil Shale Reserves, U.S. Department of Energy, March 2004 .

15. Robert L. Hirsch, et al., “The Peaking of World Oil Produciton: Impacts, Mitigation and Risk Management,” February 2005. http://www.projectcensored.org/newsflash/the_hirsch_report.pdf (PDF) (accessed 13 March, 2006)

16. “Congressman Bartlett Discusses Peak Oil with President Bush,” staff, Energy Bulletin, 29 June, 2005 http://www.energybulletin.net/7024.html (accessed 13, March, 2006)

17. http://www.energybulletin.net/559.html (accessed 13 March, 2006)

18. Hirsch, op. cit.

19. http://www.senate.gov/~foreign/testimony/2005/SchlesingerTestimony051116.pdf (PDF) (accessed 13 March, 2006)

20. Hirsch, op. cit.

21. “Price of Gas,” ScienCentral News, 28 July, 2005, http://www.sciencentral.com/articles/view.php3?article_id=218392605&cat=all (accessed 13 March, 2006)

22. Gregson Vaux, “The Peak in US Coal Production,” From the Wilderness, 27 May, 2004 http://www.fromthewilderness.com/free/ww3/052504_coal_peak.html (accessed 13 March, 2006)

23. http://www.whitehouse.gov/news/releases/2005/04/20050428-9.html (accessed 13 March, 2006)

24. http://www.whitehouse.gov/stateoftheunion/2006/index.html (accessed 13 March, 2006)

Richard Heinberg is the author of two of the most essential books in the Peak Oil canon, The Party’s Over and Powerdown as well as a forthcoming small book to introduce the Depletion Protocol to a wide audience. This article is the April 2006 edition (#168) of Heinberg’s MuseLetter series (to subscribe go here).

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