How will you live in a world without cheap oil?

Ominously, during the past four decades, oil discoveries worldwide have slowed to a snail’s pace while demand for and production from earlier discoveries have soared.

Similar to what occurred in America in 1970, oil production in other regions of the world has also encountered peaks.

Oil production in places as diverse as Indonesia and Mexico, Iran and the North Sea has topped out, rolled over, and is now in a state of irreversible decline.
That is, oil producers in these regions have begun to encounter dramatic decreases in the volumes of oil they can find and lift from the ground, let alone sell into the world’s markets.

Peak Oil will control your destiny.

Money Week