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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2009-04-30 3:20

Amateur Economist: Another Reason Not To Worry About Peak Oil

Another Reason Not To Worry About Peak Oil. Good piece in yesterday’s WSJ. Squeeze That Sponge – WSJ.com: “Nearly two-thirds of crude still gets left in the ground. With enhanced oil recovery, companies are determined to lower that …

More: continued here

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