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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2008-02-29 3:20

Rooster on Has Peak Oil arrived? More importantly what price does …

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Fellas,. Yikes! Everyone is focusing on the supply side of the equation, you are ignoring the demand side. Consider the following statistics taken from pages 43-44 of Winning the Oil Game. American oil savings were a gusher in 1977–85, …

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