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Featured article by Stickytape
- Politics, News & Issues > Energy Issues Are we really reaching peak oil?
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"Mathew Simmons, Chair of Simmons&Company International, says we may have reached peak oil production in December, 2005". Chevron says "oil production is in decline in 33 of the 48 largest oil producing countries." If the Hubbert curve is a reasonably accurate tool for prediction of oil reserves, then it appears we may have slipped over the top of the bell curve. We may have reached peak oil. Therefore, no matter how much effort we put into discovering and recovering oil we will have decreasing returns. With countries like the US using "66.6% of oil for transportation" the implications of ...
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Stickytape
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Member since: November 2006
- Helium Charter Member
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Articles Written: 3
Recent articles
- Are we really reaching peak oil?
- Ideal models of democratic government
- Travel diaries: Australia's Barrier Reef: Whitsunday islands
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- Politics, News & Issues ( 2 )
- Travel ( 1 )
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