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And that message now is the single

most important thing in my life.

It's the only thing in my life. Well, except for

rock and roll music, good music,

playing with my dog,

and long walks on the beach.

Rex, come here.

I first became focused on energy issues in late 2001.

Uhm, just at maybe a month or two after 9/11.

I was contacted by a geologist,

a brilliant guy named

Dale Allen Pfeiffer,

who introduced me to the concept of peak oil,

and the basic issues about energy, and helped me

to realize that there was a great deal of evidence

in 2001, not only that peak oil was very real,

but that government agencies were acting

and responding as if it was very real.

All plastic is oil. Most paints,

all pesticides are made from oil.

Everything from toothpaste, to toothbrushes,

is made from oil.

There are seven gallons of oil in every tire.

There is nothing anywhere,

in any combination that will replace

the edifice built by fossil fuels.

Nothing.

Peak oil is probably now very easy to explain.

Much easier than it was a long time ago.

People have felt what 147 dollar

a barrel oil feels like.

Essentially, peak oil is like

if you know what a Bell curve is,

goes up, comes down.

Peak oil is the point of oil production when

you're at the top of the Bell curve.

And essentially, what that means,

is you've used up half of the resource.

Uhm, but in the case of oil, or any other substance

like that, no matter how much money you throw at it,

you're never gonna be able to increase

oil production above where it was at peak.

As of 2008, the international energy agency

has admitted that there is a global 9%

decline rate in oil production.

That's the equivalent of about 8 million barrels a day.

There is no way, having plucked all the low

hanging fruit and found the big reservoirs,

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