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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2008-08-19 3:20

China's coal exports seen falling after tax hike

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China’s coal exports could fall further in September as higher export taxes take effect, pushing up international prices and giving Australian producers a stronger hand in upcoming contract negotiations. China, the world’s largest …

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