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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2009-07-31 3:20

Peak oil notes – July 30 | Energy Bulletin

Peak oil notes – July 30. by Tom Whipple. Prices and production. The week started with a continuation of the steadily rising oil prices we saw in the previous two weeks. On Wednesday, however, the roof fell in with the release of the US …

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