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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2008-06-30 3:20

End of cheap oil: Growing prices, demand raise uncomfortable questions

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… to produce it — if it hasn’t already — and the consequences could be devastating. A growing number of energy experts, investors and concerned citizens worry about the country’s lack of preparation for “peak oil,” the point at whi…

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