Monday, March 24, 2008

How Prepared is Your City...

...for peak oil.

This report discusses which cities are in the best position:
This study was made under the hypothesis that certain U.S. cities and metro areas are
currently better prepared for higher oil prices--or potential oil supply disruptions--than
are other cities and regions. A further assumption is made. Cities or regions that have
existing significant alternatives to reliance on oil for transportation and alternatives to oil
for building heating and electricity generation will fare better economically if oil prices
remain above the barrier of $100 a barrel oil.
The main area of impact rising oil prices have in the US economy are on transportation,
namely primary mobility, or the way in which people go about life’s daily needs:
commuting to work or school, driving to shopping, health care, recreation and
entertainment.