YUDU green eBook

47
PREPARE FOR PEAK OIL –
WITH “OIL VULNERABILITY
AUDITING”
“The term ‘Peak Oil’ refers to the maximum rate of production of oil in any area under
consideration, recognizing that it is a ﬁnite natural resource, subject to depletion,” according
to petroleum geologist Colin Campbell.
Campbell years ago predicted Peak Oil to hit around 2007 or so, and thereby garnered a reputation as an
alarmist and doomsayer. Well, did you notice what happened to the price of oil around then?
The price of crude oil now ﬂuctuates in the range of $100 to $200 per barrel, when for decades a more typical
maximum was $25 (adjusted to the current value of the dollar) Even if, as some analysts predict, oil prices drop
in the short term, the longer-term trend will surely be upwards.
Together with high oil prices go more expensive energy, transport, many types of raw materials and other
logistics expenses.
What will be the cost to your business if oil goes up to $175? $200? $250? It pays to be prepared, and you
can be prepared through oil vulnerability auditing, which examines your business processes, calculates how
vulnerable each stage is to the price of oil, and suggests improvements and steps to protect yourself.
MORE INFORMATION:
-You can ﬁnd out more at the website for ASPO, the Association for the Study of Peak Oil. There are
companies, such as CarbonSense, which can provide auditing services.
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