Cuz I Like Scary Quotes

The UK Guadian has a nice little post that combines two of my favor things: government ineptitude and peak oil.

Here's a nice lil' scary snippet:

"There is a train crash about to happen from an energy point of view. But politicians everywhere seem to have entirely missed the scale of the problem," said the report's author, Simon Taylor

Yup, I'd say that's a pretty accurate assessment. Unless the govt's are working on a non-nuclear weapon based Deus Ex Machina that will save us all. Doubt that.

But that's not all folks!

The IEA expects production from existing oilfields to fall by 50% between now and 2020 and warned the world needs to find an additional 64m barrels a day of capacity by 2030 – equivalent to six times current Saudi Arabian production.

Yes, in about 10 years we'll be at 50% of our current oil capacity. Proceed to clean the crap out of your pants.