Hello LevinK,

I echo your ending quote:

"Jerome's article is spot on, and is drawing the attention to a problem which will become increasingly acute in the years to come. The most destructive way PO may lead us to would be confrontation between oil consumers and suppliers."

Sounds like the original Financial Times article is propaganda to induce us towards the '3 Days of the Condor' scenario. I hope we will have the attained sufficient Peakoil Outreach wisdom to practice ELP and some version of the ASPO Energy Depletion Protocols instead.

Bob Shaw in Phx,Az Are Humans Smarter than Yeast?

Personally I don't believe in any significant mitigation efforts before the crisis has arrived. Even then the response will not be ELP or coordinated conservation effort, but more like "everybody taking care of himself" :)