Helping America Navigate a New Energy Reality

Looking Back 10 Years After Peak Oil

By on 23 Dec 2015 in analysis, notable posts

Introduction

(Peak Oil Barrel) Guest post by Verwimp Bruno.

Peak Oil is the moment in time when, on a global scale, the maximum rate of oil production is reached. The moment after which oil production, by nature, must decline forever. Since Earth is a closed system, next to this production (supply) event, there must be an equal demand event: Peak Oil Consumption.

Tags:

Comments are closed.

Top