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VK2AAB > FUEL 12.09.07 08:00l 39 Lines 1693 Bytes #999 (0) @ WW
BID : 47419_VK2AAB
Read: GUEST
Subj: Peak Oil arrives for the Poor
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Sent: 070912/0510Z @:VK2AAB.#SYD.NSW.AUS.OC #:47419 [SYDNEY] FBB7.00i
From: VK2AAB@VK2AAB.#SYD.NSW.AUS.OC
To : FUEL@WW
The creeping arrival of peak oil is seen in the poorer countries of the
world. In the following extracted from the ASPO Newsletter for September is a
report on the effects of high oil prices on many countries.
73 Barry VK2AAB
-----------------------------------
860. Energy Crises already strike many countries
These pages have endeavoured to alert people to a looming energy
crisis, following an imminent peak of oil supply due to natural
depletion.
It transpires however that many countries are already
experiencing serious energy
shortages, as listed in the Energy and Capital Newsletter (eac-
eletter@angelnexus.com )
. The list is a long one,
comprising Nepal, Pakistan, Iraq, Iran, Bangladesh, Sri Lanka,
Philippines, China, India, Vietnam, Uganda, Zimbabwe, Ghana,
Nigeria, Senegal, Kenya, Argentina, Nicaragua, Chile, Costa Rica,
Dominican Republic.
The effects range from electricity blackouts to shortages of
transport fuel, which in some cases have sparked popular
demonstrations and disturbances of one sort or another. The high
prices that have arisen as world productive capacity limits are
breached is part of the problem, but climatic factors, reducing
for example hydro-electric power,
have also been responsible The scale of the problem must grow and
spread exponentially in the years ahead as physical oil supply
declines. Ironically, the poor countries, which have faced the
problem first, may soon come to find themselves better placed
than the industrial countries that continue to operate on out-
dated economic
principles, premised on perpetual growth.
(Reference furnished by Hugh Sharman)
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