April 25, 2008
Right-wing pundits, Jeremy Leggett, Bill Clinton, and peak oil
By Charlie Smith
The Economist magazine’s environment and energy correspondent Vijay Vaitheeswaran poked fun at a group of petroleum geologists that he dubbed the “Depletion Doomsday Gang” in his 2003 book Power to the People.
It prophesized an energy-rich future that would transform the world.
Back then, oil was trading at around US$25 per barrel.
Today, Vancouver Sun editorial board member Harvey Enchin joined the chorus of peak-oil critics, citing the fall of the U.S. dollar and the discovery of a giant offshore oilfield near Brazil as two reasons why we shouldn’t be concerned.