The UK's North Sea oil is past its peak now, as are the giant fields in Alaska, the

• Main Authors: David Fleming, David Fleming Feasta Review
• Other Authors: The Pennsylvania State University CiteSeerX Archives
• Format: Text
• Language: English
• Subjects: Greenland; Snag; Alaska
• Online Access: http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.693.4503; http://www.feasta.org/documents/feastareview/fleming.pdf

The extraordinary prosperity of the twentieth century was built on cheap oil and gas. When they are no longer either cheap nor reliably available, the economic consequences will be far greater than can easily be imagined. Beneath the seabed off the coast of Saudi Arabia, there is an oil field called...