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Task Force report: The Peak Oil Crisis - the crunch

Discuss research and forecasts regarding hydrocarbon depletion.

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Task Force report: The Peak Oil Crisis - the crunch

Unread postby KevO » Thu 18 Feb 2010, 11:33:52

The new report, produced by the UK's Industry Taskforce for Peak Oil and Energy Security, is of interest because it updates the estimates of when the oil "crunch" (when demand exceeds production) will occur to account for the global economic slowdown. In addition, the amount of unbiased attention that has been given to the report including that of the British government shows that a wider understanding of the problem is starting to take hold.
For most, the key concern is not whether there will be much higher gasoline prices ahead, but when.

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