19 July 2011

Global oil production



Global oil production (crude oil plus condensate) has been on a plateau / in decline for 7 years, resulting in high energy prices that are feeding inflation, eroding family budgets and crippling the World economy. It is time for the international political community to awaken to the risks posed by Peak Oil. A British Government report published last week under a Freedom of Information Act (FOIA) request makes clear that civil servants working at the UK department of Energy and Climate Change (DECC) seem very aware of the risks posed by peak oil.

Wake up people, saying it isn't so does not make it that way.

No comments:

Post a Comment

All comments are welcome!
Please use the Name/URL option (you don't have to register, just enter a screen-name) or sign your anonymous post at the bottom.
ANONYMOUS POSTS WILL BE DELETED.
Thanks,
AJ