Decline in Oil Production, WHAT NOW!?
October 22nd, 2007 at 11:25am ibrahimo
Well, that’s what they are saying, that the main reason oil prices are getting higher and higher is because output peaked in 2006 !?!? Really ?!?! weren’t those scientists telling us that its gonna take more time than that ?! Anyway, so of-course now there will be a decline, so they a expect a 7% fall a year! So the decline might also be in gas, coal and uranium.
So this is not talking only about Global Warming, we really need to find other sources of energy, and renewable energy and and and …. This really gives a dark dark image of the future.
Read all the details in this article from “The Guardian” written by Ashley Seager.
Steep decline in oil production brings risk of war and unrest, says new study
Entry Filed under: Politics
Tags: barrel, coal, decline, economy, energy, fuel, gas, oil, peak, petrol, production, uk, uranium, usa, war