Earlier this week, Joe Romm said he doesn't see peak oil radically changing U.S. culture, since hybrids and plug-in hybrids will reduce the fuel necessary to get around. Matt Yglesias, reacting to a recent Michael Klare piece, "Beyond the Age of Petroleum," agrees with Joe, saying, "even current gasoline prices are actually quite low as a share of household income by historical standards so even if plug-in technology doesn't materialize (which is hard to believe) we're not on the precipice of such never-before-seen apocalypse."
Atrios weighs in here and here (as do his commenters, with a cumulative 861 [!] comments), saying, "rising oil/gas prices, over time, might impact peoples' behavior in terms of what kind of car they use and how much they use it. ... But ... it's just hard to see how any realistic scenario leads to the kind of of economic and social Armageddon that some authors predict."
The presumption shared by Joe, Matt, and Duncan -- and even by John, in arguing against Matt -- is that cars are the central issue here. Can drivers handle a hike in gas prices? Well, if that's the question, then sure, they can -- gas prices have risen sharply in the last couple years and the economy hasn't so much as twitched. Gas prices will keep going up, but hybrids will increase in market share, plug-ins will come online, and all will be well, right?
Now, I'm no peak oil doomer (by the way, when you're talking with peak oil types, be sure to use the word "doomer" frequently -- they love it!), but it seems to me this is a slightly pinched perspective on the oil problem. Transportation represents 69% of our oil use; light vehicles are 61% of that; thus, what all these folks are discussing, personal vehicles, are about 40% of overall U.S. oil consumption.
That 40% is worrisome, but the other 60% is what keeps the peak oilers up at night. Rapid and continuing escalation in the price of oil will affect virtually every corner of the economy. It will make raw materials more expensive to extract; construction more expensive; infrastructure improvement more expensive; shipping freight more expensive; industrial agriculture more expensive; food itself more expensive; on and on. Oil is not confined to the personal transportation sector -- it's the foundation of industrial economies.
Of course, there are a panoply of efficiency opportunities for every use of oil, not just personal vehicles. I don't expect "economic and social Armageddon" -- or more to the point, I don't like to make predictions, since I, like everyone else, have about as much chance of being right as a dart thrown at a dartboard filled with predictions.
But simply waving your hands toward more fuel efficient cars hardly makes the oil supply problem go away.
Comments
View as Flat
Jon Rynn Posted 5:51 am
31 Oct 2007
The rest of the oil use, besides cars and airplanes, is almost all internal combustion engines (by the way, I don't see the airline industry surviving in its current form with very expensive fuel). So for the big machinery that is used for mining, for construction, and most importantly, for trucking (and some diesel rail) stuff all over the place, including shipping around the world, a rapidly rising oil price would be very painful. It's not so much the production that would be hurt -- with the big exception of construction -- it's moving everything around. In particular, trade would be devastated, which is why it's peculiar that American commentators in general, who are usually enamored of trade, are not more concerned -- or maybe they are just not aware of what makes trade possible, which is cheap oil.
Permalink
odograph Posted 5:58 am
31 Oct 2007
We are again arguing pre-adaptation, while "current gasoline prices are actually quite low as a share of household income by historical standards"
We can pilot, test, report on our adaptation techniques, and they might be picked up as energy prices rise, and more people (each at their own individual threshold) respond.
(I can report that my Prius works very well for me, though my adaptation in 2005 was "premature" by mainstream standards.)
Permalink
odograph Posted 6:00 am
31 Oct 2007
Permalink
John McGrath Posted 6:06 am
31 Oct 2007
That said, I think cars are a keystone that, if made oil-free with some speed, could buy the planet precious time. When you consider that the EWG says we could be at 40 mbd of oil by 2030, we need to pick the low-hanging fruit fast, and personal vehicles are exactly that.
Permalink
Sam Wells Posted 10:43 am
31 Oct 2007
But I think we still have a fundamental problem here. Crude oil is refined not only into gasoline and distillates like diesel and heating oil, but also is used for everything from making dick rubbers to the material in computer disks. Even pharmaceuticals are made from crude oil as refined, treated, and cultured. So what if it is only 0.01 percent of the feedstock, when it is gone it is gone.
Obviously, the hydrocarbon hose isn't going to be shut off tomorrow, but gradually lose pressure and become a trickle.
But be careful about what you hope for. Some of you tend to gloat about dead gasoline cars on the side of the road, abandoned because there's no more gas. "Neener neener neener I got me an electric!"
You're talking about not only an engineering problem but a social one as well. Be careful. People have wars over this kind of chit. /sammie
Onward through the fog
Permalink
charlesjustice Posted 4:34 pm
31 Oct 2007
What we should be pushing is a massive upgrading of railroads and passenger trains as a way of creating a more energy efficient transportation system.
Permalink
odograph Posted 10:48 pm
31 Oct 2007
Permalink
FrankRichards Posted 11:31 pm
31 Oct 2007
That would be because the overwhelming majority of them are innumerate. I won't speculate on cause and effect, but that is my observation from forty years of watching current events turn into history.
Permalink
odograph Posted 11:36 pm
31 Oct 2007
When you think you can ride 'evil oil companies' to the next election, it's kind of hard to slow down and say that those companies might be facing a problem.
Permalink
sensato Posted 1:32 am
01 Nov 2007
Permalink