Peak Oil Action, The Crash Of Oil & Gas Production Information
Dedicated to raising awareness about peak oil and the coming decline in oil production, the consequences of this decline and the actions that can be taken. PeakOilAction.Org was first launched by an awareness group out of Santa Monica California - today the site lives on in an effort to further “spread the word”.
What is peak oil? It is a common question that more people are asking as oil and gas prices continue to increase at alarming rates.
The Hubbert peak theory, also known as peak oil, is an influential theory concerning the long-term rate of conventional oil and other fossil fuels extraction and depletion. It predicts that future world oil production will soon reach a peak and then rapidly decline. The actual peak year will only be known after it has passed.
Source: wikipedia.org/wiki/Peak_Oil
Indeed a scary thought to know that we will only known the peak year has passed … after the fact. At the time of this writing (late spring of 07) gas prices across the country have risen more than one dollar in less than 12 months. While the theory of “peak oil” hits consumers with prices increases at the fuel pumps it has already began to severely affect industries such as the airline industry - additional costs in fuel have made it more difficult for these large companies to survive.
We can only hope through education that the world will wake up to the many eco problems our planet faces such as peak oil.
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