PHOTO CAPTION: Sir David King, former Chief Scientist to the British government.

Sir David King Warns of Peak Oil

UK's former Chief Scientist accuses world governments of having their 'heads in the sand' on future oil scarcity.

Published: 11-Jun-2010

After famously stating that the threat from climate change is graver than that posed by terrorism, former government chief scientist Sir David King has this week issued another stark warning, arguing that oil supplies could peak far sooner than anticipated by politicians and businesses.

Speaking this week in his role as director of the Smith School of Enterprise and the Environment (SSEE) at the University of Oxford, King accused governments around the world of having their "heads in the sand" over the risks associated with their continued dependence on fossil fuels.

Smith made the comments at a press conference ahead of the Smith School's World Forum, which is being held in Oxford from 27-29 June. He warned that the problem was particularly concerning in the UK because any economic recovery would result in increased reliance on imported oil.


IEA chief economist Dr. Fatih Birol is now warning oil production is likely peak in ten years.

International Energy Agency reports the rate of decline in oil production is now running at nearly twice the pace as calculated just two years ago.

Offshore oil platform on fire in the North Sea

Despite risks, new field discoveries have kept pace with declining oil reserve production, reports Reuters, but age of cheap oil is over.

NOAA satellite of Deepwater Horizon oil spill in Gulf of Mexico late April 2010.

What's left is hard to get at and risky to extract, as Deepwater Horizon blowout shows.


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