Peak Oil: Volvo Calls It

This is from Perth, Oz – the reality from the Volvo guy is remarkable – he admits we’re never gonna make the transition to cars with different energy sources, but he does forget that even if we did, that we use oil in making the actual car, not just burning it in the engine.  If it’s too expensive to burn, then it’s too expensive to make whole cars…..

Demand for oil to outstrip supply within two years

  • Paul Syvret
  • From: The Courier-Mail

RISING oil prices pose a grave threat to global economic recovery, according to some experts.

“The fear has been expressed by the US military and by the automobile industry.

This week in Perth, Volvo’s head of product planning, Lex Kerssemakers, said “we all know that oil is running out”.

“We need to find alternative solutions and though we are aware of the alternatives – LPG, CNG, ethanol, electric and so on – we have to introduce these to the market,” he said.

“If we don’t do it now, we won’t be ready in five years when oil may be prohibitively expensive.”

Mr Kerssemakers said Volvo would have an electric car on the world market in 2012 that would use less than 1.5 litres/100km of fuel – about one-tenth of that used by a current V8-engined sedan.

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