Peak oil ride

Thanks to Bruce Hanson for the pointer.  Here’s some background:

The reality is that the rise of oil, not the dollar, is this year’s big news story and the end of cheap oil could prove to be the greatest challenge we have faced in a generation.

Governments must act now to anticipate the coming period of “peak oil.” This means massive investments in public transit, tough laws that encourage high-density housing instead of sprawl, and getting serious about making the transition to a service and knowledge economy less dependent on oil.