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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2008-11-19 3:20

Petrol now 70c a litre below Peak Oil « Poneke’s Weblog

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The pump price of 91 Octane is now 148.9c a litre, which is 70c below July 7’s Peak Oil price of 218.9c. Diesel has also fallen by 5c and is now 120.9c, a drop of 65c since Peak Oil. For Insider, Shell announced this in a media release …

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