Page added on September 10, 2007
Three Peak Oil Consequences and Three Strategies For Avoiding the Worst
Some analysts believe the world is at or near hitting peak oil
● Taking Your Lumps At The Pump: If crude is more expensive to extract, and the supply tight, the price to fill your tank goes up. Economics 101.
● Spawning A Tsunami In The Economy: Oil accounts for one third of the energy consumed in the world, and it is the base of the U.S. economic web. It
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