Peak Oil News & Commentary
Preparing for Peak Oil
Global oil production will almost certainly ‘peak’ and go into sustained decline within the next few years. In addition to the challenge of climate change, we will soon have to contend with a rapidly growing deficit in fuels for transport. This will cause big spikes in energy prices – including natural gas and electricity – with potentially devastating economic and social impacts. This has severe implications for the provision of services by local government.
Read More >>Reuters: Peak oil to hinder world development
From Reuters India: LONDON, July 21 (Reuters) – The looming peak in world oil production will set back international development and threatens to hinder efforts to make poverty history, a report by a group of UK lawmakers said. While oil’s rally to a record high is causing economic pain in developed countries, its impact on [...]
Read More >>Hello and Welcome to PeakOilSupplies.com
Hello. Please allow me to introduce myself. I am the Administrator of PeakOilSupplies.com and on this site I post as Ovis Amercanis, which literally translated means “American Sheep”, not because I consider myself a member of the Family Ovis, but because my target audience are the so-called “Sheeple” of my country, America. I discovered Peak [...]
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