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There is only a finite amount of oil in the world. "Peak oil" is defined as the point when worldwide oil production is at its highest. Once peak oil has passed, the amount of oil available will decline. Prices will go up, and eventually the resource will not be available at any price.
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Fast Facts
- Theory originated by: Dr. Marion King Hubbert
- When: 1956
- Predicted to be abrupt
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Peak Oil Controversy
Some scientists claim that peak oil has already happened, noting that many countries have already decreased their oil production. Others state that there are still several decades to go. Still others think researchers will find a way to recover oil from more difficult-to-reach areas, such as sand or much smaller oil fields, and thus peak oil will be staved off by hundreds of years. -
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The Mahalo Top 7
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Harper's Magazine: "Last stop gas"
harpers.org (August 01, 2004) -
The Oil Drum: Discussing Energy and Oil's Future
theoildrum.com -
Energy Information Administration: Department of Energy Petroleum Data
Petroleum prices, supply and demand information from the Energy Information Administration - EIA - Official Energy Statistics from the U.S. Governmenteia.doe.gov -
The Beginner's Guide to Peak Oil: Wolf at the Door
wolfatthedoor.org.uk -
Blog: Crooks and Liars: A Crude Awakening review
crooksandliars.com (July 29, 2007) -
LiveScience.com: Oil Production Could Peak Next Year
livescience.com (April 17, 2007) -
Wikipedia: Hubbert peak theory and Oil reserves
en.wikipedia.org
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Harper's Magazine: "Last stop gas"
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Peak Oil on Amazon | View All
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Peak Oil Survival: Preparation for Life After Gridcrash - $12.95
How to survive after the oil runs out and there is no more "grid"
Amazon -
Profit from the Peak: The End of Oil and the Greatest Investment Event of the Century (Angel Series) - $27.95
Profit from the Peak contains the information you need to successfully navigate the end of our oil-based economy. It takes a hard look at the future of oil and gas, examines how you can effectively invest in these resources, and prof...
Amazon -
Peak Oil Survival: Preparation for Life After Gridcrash - $12.95
How to survive after the oil runs out and there is no more "grid"
Amazon -
The Power Of Community: How Cuba Survived Peak Oil - $12.67
"This is the story of how "Cuba transitioned from large, fossil fuel intensive farming to small, less energy-intensive organic organic farms and urban gardens.."
Amazon -
Plan C: Community Survival Strategies for Peak Oil and Climate Change - $19.95
Library Journal This book goes further than any of the other titles considered here, both in terms of the deep societal ills it examines and the radical solutions it proposes. It is not just peak oil, but peak America</...
Amazon
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Peak Oil on Twitter Powered by Twitter
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Is there a blue moon in the sky? Peak Oil makes headline in MSM shock! Oops, its British so probably doesn't count; http://bit.ly/28IZZH
@BenjieArthur | November 09, 2009 10:13 PM -
IEA underplay peak oil says whistleblower. http://tinyurl.com/yhmtkgb Peak Oil dirty words when I interviewed Tanaka last year.
@tancopsey | November 09, 2009 10:12 PM -
RT @bradplumer: Sneak Peak: Whistleblower says US pressured IEA to fudge numbers and overstate world oil reserves: http://bit.ly/lLrWc
@Vilhjalmrowen | November 09, 2009 10:03 PM -
Eddie Hobbs is the latest commentator to speak about the implications of peak oil in his new book Energise www.eddiehobbs.com
@ULEnviroCom | November 09, 2009 10:02 PM -
RT: @drgrist: Sneak Peak: Whistleblower says US pressured IEA to fudge numbers and overstate world oil reserves: http://bit.ly/lLrWc
@twocrowseeing | November 09, 2009 09:59 PM
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Questions and Answers About Peak Oil | View All | Ask a Question
View All Peak Oil Questions (246) | Ask a QuestionHave jobless claims peaked? (3 Answers)As part of my job as CEO of Mahalo I get invited to a lot of very cool conferences packed with really intelligent speakers. At one recent one, some of ... read moreWhat are the oil and natural gas resources in Nicaragua? (1 Answer)Oil and gas exploring is being done offshore of Nicaragua in the Carribean sea. Infinity Energy Resources and MKJ exploration read morewhere does crude oil come from? (1 Answer)The belief is that crude is formed by organic compounds when intense heat and pressure are added to them. The oceans are full of fish, plankton, algae, etc. When these ... read more
Ask a Question about Peak Oil 140 characters
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Peak Oil News Stories
- CNN.com: Bush pushes Saudis for help with rising oil prices (January 15, 2008)
- "I would hope, as OPEC considers different production levels, that they understand that if ... one of their biggest consumers' economy suffers, it will mean less purchases, less gas and oil sold," George W. Bush
- Reuters.com: Kuwait oil reserves only half official estimate (2006)
- BBC News: Has oil production finally peaked? (2006)
- International Herald Tribune: "Cantarell oil field output to drop..." (2006)
- NPR: Experts Ponder Peak of Global Oil Production (2006)
- EnergyBulletin.net: Peak Oil News Clearinghouse
- Google News: Peak Oil
- CNN.com: Bush pushes Saudis for help with rising oil prices (January 15, 2008)
