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.

« Congressman Roscoe Bartlett on Peak Oil [Part 1]
Peak oil - Apr 30 »
2008-04-30 3:20

Déjà Vu: The Fed's Interest Rate Dilemma - Wall Street Journal

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Déjà Vu: The Fed's Interest Rate Dilemma
Wall Street Journal -1 hour ago
The Club of Rome predicted global ruin, and then President Jimmy Carter said that "peak oil" was right around the corner. Oklahoma-based Penn Square Bank …

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