World at tipping point; oil peak arrives

The American empire is an energy junkie in its death throes, punching for new veins and final fixes, knowing that the supplies of its drug of choice — cheap oil — are virtually depleted.

According to geologist Kenneth Deffeyes, author of Beyond Oil: The View from Beyond Hubbert
Confirmation of Peak Oil crisis is everywhere. Oil supplies may be lower than OPEC wants to admit. The second largest oil field in the world, situated in Kuwait, is running dry. The US trade deficit just hit another all-time high.