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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2009-11-01 3:20

Oil to touch $100 per barrel in the longer term, say analysts – Emirates Business 24/7


Emirates Business 24/7
Oil to touch $100 per barrel in the longer term, say analysts
Emirates Business 24/7
Traditional oil has reached its peak in terms of discoverable reserves, and it is this fundamental reality of peak oil and the growing concerns of climate …

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More: continued here

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