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13 comments on UK Parliamentary Group on Peak Oil and Gas Formed

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noutram on June 29, 2007 - 9:38am Permalink | Subthread | Comments top

I'm glad we have a cross party group setup here in the UK but I'd like to know what their remit is. I'm almost certain they have the PMs ear as Gordon was saying we need greater transparency of SA reserves way back around 2000 and he must be fully aware of the NS decline issues -I think he used to get a presentation/update of the situation several times a year.

Khebab has done some good work on UK decline and I discuss the UK situation on my site as a NET exporter>Importer switch model: http://www.megatrends2020.com/html/chapter1.html

The UK will be acutely impacted by PO within 5 years.

Regards, Nick.

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OMGlikeWTF on June 29, 2007 - 4:03pm Permalink | Subthread | Parent | Comments top

The UK has a similar situation with natural gas supplies coming from the North Sea, since about 1/3 of our electricity comes from nat gas. What are the issues with peak gas? I understand there is much more of it than oil, however it is used for heating electricity and fertilizer production, so any increase in price could have serious economic effects, whereas a supply distruption could be a complete disaster. Horray for global warming and milder winters :S

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