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, prices, and supplies – July 30 | Energy Bulletin

Many people who’d never heard of “peak oil,” or who’d been trading in one SUV for another, or who’d scoffed at the idea that Americans would ever drive less, suddenly learned that when the price of a finite commodity spikes, …

More: continued here

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