The Prophecy of Oil

In the last several years, a theory known as ‘Peak Oil’ has been working its way into the mainstream. Chief proponent of this theory is Dr. Colin Campbell, a retired oil-industry geologist now living in Ireland. Dr. Campbell, who has been raising warnings about Peak Oil for some 15 years, believes that global consumption of oil is surpassing not only the amount of oil being pulled from the ground, not only the amount of oil left to be found, but is also surpassing the ability of technology to compensate for what he sees as an inevitable and looming shortfall.
truthout editorial