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The video begins at 2:35.

“We are faced with a grave crisis that may change our way of life forever. We live in a civilization that evolved on the promise of an endless supply of cheap oil. The era of cheap oil will end, probably much sooner than most people realize. To put this looming crisis in perspective, and to judge its significance, it helps to start from the beginning.”

In this presentation Dr. Goodstein examines the rapid disappearance of oil and predicts its depletion will arrive much sooner than projected. Imagining a world caught suddenly, and perhaps unprepared, without oil, Dr. Goodstein discusses the alternatives and their implications for the environment.