Previous Sustainability Group Releases a Compilation of Colleges 'Green' Efforts |
Next |
July 01, 2008, 02:58 PM ET
Oil Prices and Production 101
If you seek to understand what’s going on with oil prices and the oil market, a subject that every university administrator should pay attention to, you might check out a teleseminar recently presented by the Foundation for American Communications.
Robert K. Kaufmann, professor in the geography department and director of the Center for Energy & Environmental Studies at Boston University, discusses the history of gas prices, the factors driving up the prices, Peak Oil, and what to expect in the future in his talk, “Pain at the Pump: What Comes Next in the Gas Price Crisis.” An archive version of the talk is available as an MP3, and it’s best to follow the slideshow (available as a PDF) while listening to the lecture.
While Mr. Kaufmann is cautious about predicting a date for a peak in production, he is adamant about the need to prepare for the end of oil, saying that alternatives to oil would have to come online very quickly to offset pain after the peak. He also dispels various myths, now rampant in popular culture, about what is causing high oil prices and what can be done to lower those prices. (Here’s a preview: Drilling in Alaska or offshore won’t do much.)
Add Your Comment
Commenting is closed.