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...Peak Oil" theory fits nicely on a cocktail napkin. Its curve looks like this: Colonel Edwin Drake starts pumping crude in Pennsylvania in 1859. We've been pumping faster and faster ever since. Sooner or later, on this finite planet of ours, it just has to run out. U.S. production peaked in the 1970s. Global production will soon be on the downside of the same dismal curve...

Author: /time Magazine | Title: The Future of Energy: Viewpoints: It's the End of Oil / Oil Is Here to Stay | 10/23/2005 | See Source »

...shortage. But we also need to tackle problems on the demand side. Developing countries such as India and China require vast quantities of oil, but they don't have a lot of energy-saving technology and aren't taking concrete steps to promote energy conservation. Our sources of crude oil are not everlasting. Governments must do their best to educate their people about the need to save energy. Citizens must play a part in energy conservation in their daily lives, or oil prices will not come down. Kenny Tan Singapore How to Help the Poor Joe Klein's Column...

Author: /time Magazine | Title: Are We Making Hurricanes Worse? | 10/19/2005 | See Source »

...Victorian society was one in which most thought black people inferior. Yet Marsh observes: "Although Victorian society was racist through and through, this is not reflected in the art." The exception - and the most disturbing section of the exhibition - parades a series of cartoons and advertisements that saw a crude humor in black caricatures. Marsh was persuaded to include these by black colleagues, who "insisted that negative imagery be included." A disclaimer by this display reads: "[To give] an entirely positive view would be to rewrite history the way we would like it to have taken place." Lest we forget...

Author: /time Magazine | Title: The Forgotten Victorians | 10/16/2005 | See Source »

...anti-oil" portfolio, as Miller calls it, should rally sharply if the price of crude slumps. But will it happen in time for him to beat the market for the 15th straight year? Miller knows the odds are against him. If only he had bought those oil and gas stocks, he laments, "we'd be nicely ahead of the market now." For once, he understands how hapless the market makes the rest of us feel, but in Miller's case, that lesson in humility may prove as ephemeral as the gathering gloom over the price...

Author: /time Magazine | Title: Bill's Bad Bet | 10/16/2005 | See Source »

...anti-oil" portfolio, as Miller calls it, should rally sharply if the price of crude slumps. But will it happen in time for him to beat the market for the 15th straight year? Miller knows the odds are against him. If only he had bought those oil and gas stocks, he laments, "we'd be nicely ahead of the market now." For once, he understands how hapless the market makes the rest of us feel, but in Miller's case, that lesson in humility may prove as ephemeral as the gathering gloom over the price...

Author: /time Magazine | Title: Investing: Bill's Bad Bet | 10/9/2005 | See Source »

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