Peak Oil is You
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Page added on July 17, 2008
Peak oil is a done deal
I now believe that the hypothesis of a near or medium-term peak in the world’s oil supply is confirmed beyond any reasonable doubt. A shift in emphasis that speaks to reducing our demand for oil and examining alternatives to oil is now required. I will be taking that road in the future, leaving specific concerns about the oil supply behind.
Today’s story briefly summarizes why I believe “peak oil” is a done deal. The forecast1 below reflects my own view. This analysis does not necessarily reflect the view of ASPO-USA.
Global oil (crude + condensate) production will peak at 76.5
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