Feb. 17 - Remember 1973? If you do, there are plenty of reasons to wish you didn't. Chief among them (right after leisure suits) would be the oil crisis that began in October. The Middle Eastern OPEC nations stopped exports to the United States and other Western nations just as stateside oil production was peaking. The artificial shortage that followed had devastating effects: The price of gas quadrupled in the United States, climbing from 25 cents to more than a dollar, in a matter of months. The American Automobile Association reported that in one isolated week up to 20 percent of the country's gas stations had no fuel; in some places motorists were forced to wait in line for two to three hours to gas up. The number of homes built with gas heat dropped.
But that was the 1970s and this is now, right? Not according to David Goodstein. Saudi princes and SUV drivers may do well to read his new book, “Out of Gas: The End of the Age of Oil” (W.W. Norton), in which Goodstein argues that our oil-dependent civilization is in for a crude awakening when the world's oil supply really begins to run out — possibly within a few decades.
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BB: How do you suggest people prepare now?
DG: Right now we don't have the kind of leadership that would take us in the direction that would make major changes. As individuals we can do things; I drive a hybrid car, for example. But as a society we have to redesign cities so that people live close to where they work. There are all kinds of measures. We are so profligate in the use of energy that even with the smallest effort we can reduce the rate at which we use energy very significantly, as Californians showed after the last energy crisis. But what we really need is massive infusion of research on all of the possible ways of ameliorating this problem.
Book: 
