Perspectives on Peak Natural Resources

I have been reading more and more lately about the topic referred to as

There is evidence for any and all of these positions, but, from what I have reviewed myself so far, I am inclined to accept item No. 3 above as the correct description of what is happening today. I think that if we in the West continue to use and increase our use of oil for motor fuel and for fuel in the production of electricity at present rates and trends – and if new demand grows due to the rapidly increasing industrialization of the East in the same consumer oriented way as the West has developed but in a much shorter time – then the global demand for petroleum will exceed the global supply within a generation of this writing.

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