Peak Oil
| Peak Oil link ISGP Sourcewatch | |
|---|---|
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| The point in time when the maximum rate of extraction of petroleum is reached, after which the rate of production enters terminal decline. |
Official Narrative
Wikipedia notes "Historical US crude oil production showing initial similarity to a Hubbert curve".[1] Its definition, too "the point in time when the maximum rate of extraction of petroleum is reached, after which the rate of production is expected to enter terminal decline" could have been calculated to downplay the seriousness of one of the defining phenomena of the modern age.
Problems
The use of tar sands in a desperate effort to stave off peak oil is exacerbating already serious ecological problems such as global warming and lack of fresh water.
