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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Dyer: Even if oil prices fall, we must cut long-term demand - Salt Lake Tribune »
2008-05-01 3:20

Shell Oil president: To cut price, produce more gasoline in US - CNN

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CNN
Shell Oil president: To cut price, produce more gasoline in US
CNN -16 hours ago
I think Shell sees that coming, but in terms of total oil supply to the world, we're a long way from reaching peak oil because it doesn't take into account …

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