The peak in global oil
production in this decade
The best estimates by those knowledgeable of the geology and production
of oil, and independent of
oil and gas producers, and governments,
clearly indicate that global oil production will peak in this decade
and decline at a significant rate beyond. This
by John Vidal gives a succinct explanation.
Rising demand and declining reserves are likely to be, in the absence
of urgent and effective
efforts to substitute other energy resources, a
sure formula for a social and economic global disaster. Jeremy
book, "The Empty Tank"
is highly recommended for a readable discussion of both hydrocarbon and
all other plausible substitute energy sources, and the urgency of the
This diagram shows the latest estimate of Colin Campbell, of the Association for the Study of Peak Oil
Click on the diagram or this link to see
the original in the ASPO website.
More detailed background information can be found here: Hubbert Peak of Oil
page initiated 21 June 2004; latest revision 21 March
2006; links checked 31 Jan 2011
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