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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2010-03-11 3:20

Sudbury Steve: The Coming Energy Shortage, Part 4: Peak Oil and …

We can expect very soon to inhabit the world of Peak Oil, where the demand for energy rises through international competition, but where energy production can not increase to keep pace with demand. The result will be higher prices. …

More: continued here

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