Peak Oil? A Chaotic Transition is in Process / NorthwestCitizen, David Camp

As the graphic shows, US gasoline inventories are at a 27-year record high. And yet, gas prices and oil prices continue to rise – having increased by about 30-40% (depending on the grade and source) in 2016. And as the second graphic shows, US gasoline consumption in the first part of 2017 is down 8% from the same period in 2016. Strange things are happening –

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“I can clearly see that the issue is not petroleum vs. environment.” – Whatcom County Council Member Satpal Sidhu / Noisy Waters Northwest

council member sidhu 072616

Click the graphic to access video on YouTube of Councilmember Sidhu’s statement made at the July 26, 2016 Whatcom County Council meeting. Councilmember Sidhu’s statement starts at approximately 58:35 on the recording if the video does not automatically start playing at that point.

August 1, 2016  Dena Jensen Continue reading