This is the first time any Australian parliament has recognised Peak Oil as real

Committee Chair, Government Senator Bill Heffernan, said in his tabling speech that Peak Oil was forecast in 20-40 years, if I recall his words correctly. This is in contrast to the many reliable forecasts that global oil production may probably peak in say 3-5 years or thereabouts. Inquiry originator, Senator Milne (Greens) was much better informed. In her summary speech she suggested that we may well be at Peak Oil now.

aspo-australia.