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9 comments on UK Government Oil Price Forecast

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blueglow on July 19, 2006 - 3:21am Permalink | Subthread | Comments top
Good article Chris, I was wondering about the lack of joined-up thinking over the last decade.

 thought my local MP should know...

Dear Alan Whitehead,

I would like to bring to you attention the following short article and discussion regarding government estimates of oil price:

http://uk.theoildrum.com/story/2006/7/16/11161/7387

It seems that the assumptions of lower oil prices made by the government and its offices are at odds with current events and future demand/supply issues, not to mention other geopolitical factors. They have been consistently wrong in the past and, unless the current model is changed, are likely to continue being wrong - with very serious repercussions.

Since these estimates are used in a wide range of planning and forecasting, especially those of transport and energy use, I suggest that this issue needs to be raised with the appropriate government figures as soon as possible.

The effects on local issues such as public transport and air transportation growth are important, but it seems the current planning for major issues including climate change, inflation and the economy, housing and even the deployment of our military forces are all directly affected by these forecasts.

I hope you find this information helpful and will act accordingly, if you require any other information about these issues please do not hesitate to contact me or the author of the article.

Yours sincerely,

...

Do you or any of the Oil Drum UK team have regular contact with members of parliament, or better still, the government? It seems they need a bit of pestering, but if a relationship could be built perhaps we can quicken the pace of debate on these issues.

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Napper on July 19, 2006 - 1:12pm Permalink | Subthread | Parent | Comments top
I think it is a very good idea for all of us
to inform our MP so that they can not claim
to have no knowledge of peak oil, and one or
two of them might even come out in support
publicly
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Chris Vernon on July 21, 2006 - 11:41am Permalink | Subthread | Parent | Comments top
We have a good relationship with John Hemming who is supportive of work promoting peak oil.  He has recently pulled together some more notes on oil, gas and energy.  See the Wednesday, July 19, 2006 post on his blog here: http://johnhemming.blogspot.com/
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