Peak Oil is Not a Theory
Ask the oil industry, and they will tell you that Peak Oil isn’t a theory, it’s a forecast. In fact, each oil producer has a different forecast for when we hit Peak Oil. So, anyone who tells you that there is no such thing as Peak Oil is either lying to you, or an idiot. But, let me pull out my MBA and tell you when we hit Peak Oil. It was probably 2005 – because it was at that point that we became unable to increase supply to meet growing demand. No matter how high the price of oil … Click here to read the rest…