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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2009-03-31 3:20

Commentary: After the Bird Strike :: ASPO-USA: Association for the …

The prevailing meme has long been that since oil created prosperity, peak oil would devastate it-but derivatives launched a pre-emptive strike. Of course, the financial geniuses who invented derivatives preferred putting their own money …

More: continued here

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