It must be the apocalypse. Slap my ass and call me Shirley. CNN put out an article on peak oil. I like how it just glazes over the concerns and puts out the silly industry rebuttals...but there it is.
http://money.cnn.com/2007/09/14/news/ec ... tm?cnn=yes
A small - but growing - group of experts think world oil production will peak in the next few years, to devastating effect.
By Steve Hargreaves, CNNMoney.com staff writer
September 14 2007: 12:40 PM EDT
NEW YORK (CNNMoney.com) -- At some point in the near future, worldwide oil production will peak, then decline rapidly, causing depression-like conditions or even the starvation of billions across the globe.
That's the worst-case scenario for subscribers to the "peak oil" theory, who generally believe oil production has either topped out or will do so in the next couple of years.
A small but growing group of experts think oil production will peak in the next few years, then decline rapidly. The result could be worse than the Great Depression.
Special Reportfull coverage
Colleges around the country are getting in on the green movement by starting campus recycling programs and using solar powered energy.
What follows depends on who one talks to, but predictions run the gamut from the disaster scenario described above to merely oil prices in the $200-a-barrel range while society transitions to other energy sources.
It's not a view held by most industry experts, including the oil companies, the government and most analysts at the financial houses.
more at link.
Olafr





). Has the number of visitors to this site increased significantly today since peakoil.com is near the top of the Google list for keywords "oil production"?




