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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2008-04-01 3:20

Billionaire Cashes In On Offshore Oil Rush – Wall Street Journal

Billionaire Cashes In On Offshore Oil Rush
Wall Street Journal -4 hours ago
"Peak oil" anxiety has contributed to the steep increase in the price of crude, which has nearly tripled since 2004. Peak theory is now feeding into wider …

More: continued here

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