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Wednesday, October 31, 2007

CNN talks about Peak Oil --- Again!

On March 18, 2006, CNN has hosted a show on the topic of Energy: CNN Presents - ''We Were Warned Tommorrow's Oil Crisis'' . This presentation revealed the vulnerability in regards to energy security in the US.

Now, October 30, 2007, CNN reports about the topic of peak oil and is quoting experts* who claim the world crude oil production has already peaked and any crude oil disruption will create a supply disruption and this might trigger an energy crisis - Today. Tomorrow seems to be Today now!

CNN Report: 'World at peak oil output'

(http://edition.cnn.com/2007/BUSINESS/10/24/oil.decline)


*) Experts from the Energy Watch Group in Germany. You can read the entire October 2007 report at:

http://www.energywatchgroup.org/fileadmin/global/pdf/EWG_Oilreport_10-2007.pdf

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