Friday, February 01, 2008

More on Peak Oil

Yet another posting from treehugger.com about peak oil. Admittedly, this might be a hot topic because of a syzygy of events:
  • Growing understanding (in this country) of the existence of climate change.
  • Increasing petroleum costs for vehicular use.
  • Increasing number of home foreclosures (many of which are located on the fringes of cities, to where people must drive in order to work).
I think the presence of new-home mortgage walk-away websites is telling. Telling of what, I cannot immediately say, but I can imagine that the presence of this new trend of websites is another troubling tell on the state of the US economy and may also show how fragile an urban system that is so dependent on upon private vehicular access is.

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