Peak Oil Watch

“Peak Oil” is the highest point on the oil production curve. After we reach “Peak Oil” (and we may have already reached it) it is a downward slope of oil production until we completely run out of oil. The world needs an alternative supply of energy, very soon, or we will face a downward spiral of economic troubles caused by an increasingly lower supply of oil until we reach worldwide economic collapse.

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2008-01-16 19:42

BP says oil demand to peak before supply – Reuters UK


BP says oil demand to peak before supply
Reuters UK, UK -2 hours ago
A rally in oil prices, which hit a record high above $100 a barrel earlier this month, is leading to growing interest in peak oil — the view that supply …

More: continued here

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