BP Oil New Zealand On Peak Oil

Peter Griffiths, General Manager, BP Oil New Zealand, talks frankly about the problems of Peak Oil in his address at the Energy Forum. Peter freely admits that energy will cost more in the future. I think he was forthright and frank and we couldn't have asked for more from an industry commentator with a vested interest. He is an unashamed apologist for the free market but acknowledges the difficulties in a paradigm shift that will be needed in the Post Peak Oil world.

BP is now rebranding itself as Beyond Petroleum. I asked Peter if BP will continue to send mixed messages about the problem of Peak Oil and will BP join with the community in the new age of human energy to deal with this crisis. You will have to ask BP Oil New Zealand about these issues.

Peter Griffiths summarized his address by saying..

*Oil will play a large part in the forseeable future
*Alternatives will supplement use
*Technology will be key
*Energy will cost more
*We need to change our focus
*Many things you can do