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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2009-02-28 3:20

peak_oil: France's Total Claims Peak Oil at 89 Million Barrels/Day

France’s Total Claims Peak Oil at 89 Million Barrels/Day Total says oil output is near its peak << By Carola Hoyos in London Financial Times February 16 2009. The world will never be able to produce more than 89m barrels a day of oil, …

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