John Hofmeister doesn't call it 'peak oil,' instead he calls it the 'energy abyss,' the point at which the global ceases to grow because the can no longer meet demand. Read about John Hofmeister's assessment:
Tuesday, May 21, 2013
Welcome to the Crude-Oil-Alerts Blog!
You might have heard: oil is a finite resource. So, it will run out one day. But before that happens crude oil production rates will decline and world oil supply is at risk. Some say peak production is already at hand and the curde oil markets are out of control. The goal of this blog is to provide the most comprehensive and updated platform on the topic of peak oil.