Page added on March 24, 2006
There’s an older song, a one-time favorite of the college radio circuit by a group called R.E.M. titled “It’s the end of the world as we know it (and I feel fine).”
That’s kind of how I feel after reading a long story about peak oil groups and what they’re saying is going to happen to the world when the oil runs dry.
So, what’s peak oil? It is a theory, or more a formula that tries to predict when the world’s supplies of oil will reach their peak of output, and after that, the amount of oil we pump out of the ground will start to decline.
Now, this is not a “sky if falling” declaration. It is not really all that open to interpretation like say, global warming.
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