The always-thoughtful Gail Tverberg has a great post that simply shows in visual terms the history of world energy consumption – well worth a look. I’ve reproduced one of her graphs here, but please read the whole thing.
One graph not in her post (not suggesting it should be, but I like the contrast) is world discovery of oil over about the same period – anyone who implicitly believes we are discovering vast reserves should contrast the two:
Gail goes on to write about how an economist might be misled by past trends to disregard “facts in the ground” – lack of understanding of geology or scientific reality is an ongoing problem for our society, sadly.
Sharon