Page added on April 4, 2007
In honor of the U.S. Government Accountability Office’s (GAO) report warning us of the effects of peak oil, this week we’ll examine its recommendations on how to delay the catastrophe.
The global peak in oil production is right around the corner, and closer than you might think.
World oil consumption is steadily rising, yet production will soon reach its peak (assuming it hasn’t already) and then experience a steep, irreversible decline. The GAO report highlights three ways to enhance global oil production in order to postpone the devastating effects of peak oil.
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