[This page is borrowed from TransitionUS.org] Oil is a finite, non-renewable resource, so the volumes of oil being pumped out of the ground will therefore eventually reach a maximum and then inevitably decline. This has already happened in many individual countries, including the US—which once was the world’s foremost oil-producing nation. The global maximum may already have been reached in 2008…
© 2013 Created by David MacLeod.
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