Oil production peaked in July 2008

There are numerous indications that world oil production peaked in July 2008. So says Professor of Physics Kjell Aleklett. According to him, the theory that oil production is on a downward path is gaining more and more supporters. Uppsala Physics Professor Kjell Aleklett has long been convinced that the world


According to Aleklett there are certainly oil reserves remaining for new production. But only through expensive processes that are not profitable when oil is at today