Using the term 'oil supply crunch' as opposed to 'peak oil', this British report indicates that the oil crisis will hit by 2013, with prices jumping to $200/barrel. It states that the problem is not insufficient oil but obstacles to its extraction.
"While there is plenty of oil in the ground, companies and governments were failing to invest enough to ensure production," according to the Chatham House report.
"In reality, the only possibility of avoiding such a crunch appears to be if a major recession reduces demand - and even then such an outcome may only postpone the problem," author Professor Paul Stevens said in The Coming Oil Supply Crunch.
From report (pg. 9):
"The main hypothesis of this report is simple. Unless there is a collapse in oil demand sometime within the next five to ten years, the world will experience a serious oil ‘supply crunch'. This will be nothing to do with below ground resource constraints or arguments to do with ‘peak oil'. Rather, it will be the result of inadequate investment by international oil companies (IOCs) and national oil companies (NOCs) which means that below-ground oil resources will not be converted into producing capacity."
Chatham House press release: The Coming Oil Supply Crunch
Chatham House Report: The Coming Oil Supply Crunch (38-page PDF)
Thanks to John Hartz
Read the full story: Oil 'could hit $200 within years'
Op-ed in NYT Claims Peak Oil is Bad Science
Energy consultant Michael Lynch argues that there are upwards of 10 trillion barrels of oil out there, as opposed to the 2 trillion that peak oil proponents recognize.
Protests, Riots Go Global as Fuel Costs Soar
Protests both peaceful and violent are breaking out across Europe and Asia as people's livelihoods begin to suffer from soaring fuel costs, and some stores are running out of food as truck drivers go on strike.
Agencies urge cutting speed limits to save gas amid war in Iran
International bodies suggest 20 is plenty to mitigate consumer pain while oil prices soar.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Northwest rail fans eager for Sept. 30 debut of Amtrak’s Airo fleet
Get ready for that new train smell and more seats. But they won’t go faster or run more frequently on the Cascades route in Washington and Oregon.
Record-breaking wildlife overpass in Colorado brings 91% reduction in animal collisions
Prior to the overpass, vehicles were hitting one deer per day on Colorado’s Interstate 25.
Detroit to transform waterfront with $2.2 billion investment
Developers will convert about 18 acres of unused parking lot space into civic spaces.
‘Going backwards:’ Baltimore mayor, students rally against state's transit funding plan
Maryland's proposed six-year plan provides no funding for Baltimore’s BMORE bus program and reduces its road maintenance funding.
Trump wants to cancel nearly 98% of funding for HUD housing support program
Multiple housing groups are suing the administration in an effort to preserve the funding.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Thousand Oaks
City of Wisconsin Rapids
Harvard University Graduate School of Design
The Architects Foundation
University of Cincinnati Online
Northern Illinois Transit Authority (NITA)
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello