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Alternative Radio for July 14, 2008
1:02 PM - 2:00 PM
[Program Website]
Today's Highlight: "Peak Oil," with Richard Heinberg
The jump at the pump got you down? While you're paying through the nose for gas the oil companies are making record profits. In 2005, ExxonMobil recorded the largest net profit of any corporation in the history of capitalism: a cool $36 billion. But the gravy train may not last forever. The concept of peak oil is gaining more currency and veracity as scientists and geologists amass evidence of the decline of oil reserves. But the oilgarchy in Washington has the answer: drill for more oil in environmentally sensitive locations. The problem with that is that oil is deep underground and hence full of sediments and will be capital intensive to extract and refine.
Richard Heinberg
Richard Heinberg, a leading expert on energy issues, teaches at the New College of California. He is the author of "The Party's Over: Oil, War & the Fate of Industrial Societies" and "Power Down: Options & Actions for a Post-Carbon World."
Alternative Radio is a weekly one-hour public affairs program offered free to all public radio stations in the U.S., Canada, Europe, South Africa, Australia, and on short-wave on Radio for Peace International.
Established in 1986, AR is dedicated to the founding principles of public broadcasting, which urge that programming serve as "a forum for controversy and debate," be diverse and "provide a voice for groups that may otherwise be unheard." The project is entirely independent, sustained solely by individuals who buy transcripts and tapes of programs.
Its "headquarters" is situated to correspond with its position in the mainstream mass media: down an alley, behind a house, on top of a garage in Boulder, Colorado. From this rarefied location, AR's programs manage to reach over 125 radio stations and millions of listeners. AR is part of the non-profit Institute for Social and Cultural Change.
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