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

The Oil Drum: Europe | Electric cars are coming to Europe

But, with peak oil arriving (or already arrived) things are changing. We are starting to realize that we can’t wait any longer and we can’t keep dreaming hydrogen dreams or using precious land to cultivate biofuels for inefficient …

More: continued here

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