28 August, 2010 A study based on the Hubbert model of peak oil suggests a coming global oil shock may begin as early as 2014 – which ties in with the timeline suggested in a variety of other reports and statements.
Peak oil, the concept that geological constraints dictate a time must come when oil production reaches its natural limit, makes it clear a diminishing supply will soon be on a collision course with soaring demand. Despite getting a showing online, and in the occasional business report, it’s yet to break into the mainstream media. More >>>
No comments:
Post a Comment