[Newsseeker]

$this->bbcode_second_pass_quote('', 'A')s height of oil production nears, people must conserve and change the way they live

Most of the world has not tuned into "peak oil" as a real and inevitable event. But peak oil the moment when we can no longer, on a global basis, increase oil production may be here already or only a year or two away.
Is peak oil a big deal? Ali Samsam Bakhtiari, a respected oil analyst and past director of the National Iranian Oil Company, refers to it as "the most important event of the 21st century." His greatest worry is the continuing contraction in oil production after the peak, with annual production reduced by approximately 30 percent or more within 12 to 15 years after the peak.

[KevO]

well seeked

[Newsseeker]

Thanks KevO