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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2008-04-30 3:20

Peak oil peeking at us?

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Don’t look now, but peak oil might be staring right at us. According to the Times, increased demand and higher prices are not ramping up production, as you’d expect: “According to normal economic theory, and the history of oil, rising. …

More: continued here

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