John Michael Greer
You know that things are beginning to heat up when both sides of a controversy declare victory at the same time. Over the last week or so, that’s happened in the peak oil scene. On the one hand, quite a number of cornucopians – those enthusiastic souls who believe that we can get ourselves out of the hole we’re in by digging faster and paying less attention to where the dirt lands – have trumpeted the discovery of a few new oil fields as proof that peak oil is a myth.
The Bakken shale, a geological formation down in the basement of the northern Great Plains, has attracted the bulk of this cheerleading in the last few weeks. Mind you, the Bakken’s a significant discovery; there’s apparently a fair amount of oil down there, though the technical challenges involved in extracting more than a tiny fraction of it are immense, and nobody’s yet sure if the energy that can be extracted from it will be more or less than the energy cost needed to extract it. Even if it turns out to be the oil find of the decade, though, and North Dakota oil millionaires start showing up as a recognized type in American popular culture, the most the Bakken can do is make up some of the production losses from older oil fields and slow, for a time, our descent from Hubbert’s peak.
Meanwhile, on the other side of the spectrum, the number of voices proclaiming the imminence of total collapse has skyrocketed. Typical is a recent post in Sharon Astyk’s useful peak oil blog. Astyk claims that recent events have decisively settled the debate between the fast-crash and slow-grind models of post-peak oil reality, in favor of the fast crash – and we’re already in it. Her argument is basically that the drastic spikes in food and energy costs over the last few months have outrun the limits of the slow-grind scenario; ergo, the fast crash is here.
I’ve commented several times in these essays about the way that linear thinking distorts our view of the future, and Astyk’s prediction makes a good example. The drastic price spikes in many commodities over the last few months offer a warning that shouldn’t be ignored, but treating them as evidence that industrial society is about to implode imposes a linear model onto the complex realities of socioeconomic change. The fact that change is happening quickly right now does not mean that it will continue to happen at the same pace, or even in the same direction. …
The end of the global economy may make life a good deal harder for those of us in the United States and those other industrial nations, such as Canada and Australia, that have become used to the absurdly lavish energy and resource expenditures of the recent past. It bears remembering, though, that people in Europe maintain a standard of living in many ways higher ours on roughly one-third the energy per capita Americans seem to think is necessary for civilized life. We can get by, and get by tolerably well, on much less energy and many fewer resources than we think.
This is likely to be a crucial point to keep in mind as the present crisis unfolds. It’s not the end of the world, or even the end of industrial civilization, but if history is anything to go by, we could be in for a couple of very rough decades.