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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2008-07-31 3:20

Reviving the Household Economy

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As the current pullback in oil prices continues – one of the benchmark grades dropped to a little over $120 a barrel yesterday, though it jumped back up $4 in early trading today – peak oil skeptics have seized the opportunity to insist …

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