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The End Of The Oil Age

Concise Peak Oil article by one of it's main advocates

 

    "In nearly every year since 1859, the total amount of oil extracted from the world's underground reserves

    has grown -- from a few thousand barrels a year to 65 million barrels per day by the end of the 20th century,

    an increase averaging about two percent yearly. Demand has grown just as dramatically, sometimes lagging

    behind the erratically expanding supply. The great oil crises of the 1970s were politically based; there was no

    actual physical shortage of oil."

 

 

 

 

 

 

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