THIS IS WHAT PEAK OIL LOOKS LIKE

The following was compiled and submitted by Mike Ewall of the Energy Justice Network, and Action PA. Some of the information is not readily available in any other known source.

Hi folks,

I recently completed (painstakingly) piecing together a chart showing
coal price trends since 2000 and got this, as well as charts I've
made of oil, gas and uranium prices (since 1986, 1976 and 1987,
respectively), up on our website. I also found a 10-year ethanol
price trend chart, and added that as well.

See: http://www.energyjustice.net/peak/

This represents the most complete and up-to-date data available from
the Energy Information Administration (coal, oil and gas) and other
sources (for uranium and ethanol info).

You'll see that oil and gas prices were very stable until 1999, when
both started rising dramatically. Oil prices are now 4-5 times their
historical average. Gas prices are 3 times their historical
average. Coal prices have roughly doubled in that time.

Uranium prices were also quite stable until 2004. They're not about
9 times their historical average and are projected to increase to 15
times their historical average within the next year.

This is what peak oil, coal, gas and uranium looks like. Biofuels
(or "agrofuels" as more people are starting to call them) are
following similar trends, based on the rising costs of nitrogen
fertilizers that are made with large amounts of natural gas. These
fertilizer imports have tripled (from 14% to 42%) since 1991 (and
mostly since 1999) as our domestic nitrogen fertilizer production has
largely moved to other countries, chasing the gas supply. Our
ability to grow our food, as well as the ability to grow
agriculture-based biofuels, is becoming very dependent on imported
fertilizers -- a proxy for importing natural gas, which isn't as easy
to import without liquefied natural gas (LNG) terminal capacity
drastically increasing.

Anyway... feel free to use/share this, but if you do, please give
credit. The raw coal price data isn't public and it took me a ton of
work to graphically piece together the shorter snapshots that EIA
makes available.

These charts are also available in my "energy technologies"
powerpoint, which you can find here: http://www.energyjustice.net/resources/

Mike Ewall
Energy Justice Network
215-743-4884
catalyst@actionpa.org
http://www.energyjustice.net