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Click on link below to be taken to this End Of Growth Peak Oil article
The Oil Crunch And The End Of Growth Article about the fact that growth is determined by the availability of cheap energy and in particular oil.
"Over the years, there have been multiple estimates (“guesstimates”) of the earth's initial “endowment” as to reasonably recoverable petroleum resources. In recent decades most of these estimates for “regular oil” have clustered around 2 trillion barrels. Colin Campbell and Jean Laherrčre have done the best work of organising what is known plus estimating what remains to be found. In March 1998 they published their conclusions in an article in Scientific American. The title of the article was “The End of Cheap Oil."
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