There is no question in my mind but that oil will rise to at least $100 a barrel within the next year. It is easy to see a scenario of $125 a barrel price in the same time frame. The triple digit price of oil will become the norm. Recently it has been trading in the $80-90 range, and as it approached the upper end of that range the media began again covering the story with “sky is falling” concern about what this might mean for the economy. This reminded me of the comment that James Schlesinger, the first U.S. Secretary of Energy made about the country’s approach to energy: “We have only two modes – complacency and panic”.

At the beginning of this year, when oil was trading in the $50-60 price range, I was on a television program and predicted that the price would be up dramatically in 2007 and could easily top $80. That statement came not from any expertise about an ability to correctly predict commodity prices but from the fact that, as a futurist, I look at the long term, at overarching trends and patterns. The price of oil is on a long term up trend and will continue that way for years into the future.

Some historical perspective will be helpful. The price of oil from 1900 to the early 1970s was single digit. Then the OPEC oil embargo quickly quadrupled the price of oil. The price of oil hit a then all-time high of $41/barrel …

Congratulations to Al Gore for winning the Nobel Peace Prize.  Congratulations to the United Nations Intergovernmental Panel on Climate Change for sharing in that prize. There could be no better recipients for the Peace Prize than the man who, more than anyone else has raised the awareness of global warming, and for the international body of scientists that, finally, lifted the dialogue about global warming out of the world of opinion and into the world of science.

 Regular readers know that I have often written about global warming.  Here I discussed the Intergovernmental Panel, and here I spoke about the change in consciousness about the subject that occurred in 2006, when “Inconvenient Truth” came out. Yes, I am an environmentalist, and yes I have long believed that global warming, and mans’ contribution to it was one of the most important issues we face today.  As a futurist however I also see it as one of the greatest challenges in human history. Why the Nobel Peace Prize?  What does global warming have to do with peace?  There are two reasons. 

The first is the clear view that global warming for the next two decades will create tensions between nations and even, in the U.S. between states. Climate change is going to create droughts, famine, shortages of water and competition …

In this ninth installment of our on-going series of interviews with some of the leading thinkers and scientists on the subject of energy, we interview John C. Mankins.Facing and solving the multiple issues concerning energy is the single most pressing problem that we face as a species. There is a lot of media coverage about energy, alternative energy and global warming, but what has been missing is the knowledge and point of view of scientists, at least in the main stream media. If you have missed the first eight interviews, please scroll down the right side of the page and click on ‘Scientists – Interviews’.

John C. Mankins is the President of ARTEMIS Innovation Management Solutions LLC, a research and development management consulting start-up that solves tough innovation challenges for government, industry and not-for-profit clients, and Co-founder of Managed Energy Technologies LLC, a new energy technology start-up that aspires to transform solar energy solutions for terrestrial and space markets. He is internationally recognized as a successful leader in space systems and technology innovation, as a highly effective manager of large-scale technology R&D programs, and as an accomplished communicator. He is also one of the foremost authorities on the subject of space solar power (SSP). Mr. Mankins led NASA’s SSP “Fresh Look Study” in the mid-1990s, managed the SSP Exploratory Research & Technology (SERT) Program, and is the creator of several important SSP systems concepts, including the SunTower, the Solar Clipper, and others. He serves as the President of the Sunsat Energy …

In this eighth installment of our on-going series of interviews with some of the leading thinkers and scientists on the subject of energy, we interview Dr. Thomas Valone.

Facing and solving the multiple issues concerning energy is the single most pressing problem that we face as a species. There is a lot of media coverage about energy, alternative energy and global warming, but what has been missing is the knowledge and point of view of scientists, at least in the main stream media. If you have missed the first seven interviews, please scroll down the right side of the page and click on ‘Scientists – Interviews’.

Dr. Thomas Valone is a physicist and licensed professional engineer with 30 years professional experience, is a patent examiner, research engineer, instrumentation designer and also an author, lecturer, and consultant on future energy developments. He is President and founder of Integrity Research Institute and formerly a community college teacher and a Research Director for Scott Aviation-ATO, Inc. He helped design the HullCom® for naval intraship communication, a 60 Hz gaussmeter without harmonic distortion, two bioelectric therapy devices, and a dental mercury vapor ionizer-precipitator. He is editor of Future Energy, Energetic Processes Vol. I & II, Turning the Corner: Energy Solutions for the 21st Century and a few conference proceedings, as well as author of Zero Point Energy: The Fuel of the Future, Practical Conversion of Zero-Point Energy, Homopolar Handbook, Electrogravitics Vol. 1 & II, Bioelectromagnetic Healing, Bush-Cheney Energy Study, Clinton Administration Energy Study and about 100 …