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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2008-11-21 3:20

Plunging Oil Prices Ease Economic Pain in Asia -peak oil - Cherry Creek News

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Plunging Oil Prices Ease Economic Pain in Asia -peak oil
Cherry Creek News, CO -17 hours ago
Oil prices are now more than 60 percent off their record highs in July. Although it still remains above $50 a barrel, in Asia, consumers and governments are …

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