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

Why oil prices continue to fluctuate - Marketplace

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Marketplace
Why oil prices continue to fluctuate
Marketplace, CA -18 hours ago
Mark Bernstein: Well, we'd hit our peak oil production 30 years ago, and we're not likely to find a whole lot more anywhere. Vanek-Smith: So it's not a …

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