Peak Oil is You
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Page added on March 21, 2013
Peak oil takes an unexpected turn
No less authority than the United States government itself has declared that some time this year, the country should reach a landmark not seen in nearly two decades – indeed, one that many experts believed had been permanently consigned to the history books. The U.S. will be producing more oil than it is importing.
4 Comments on "Peak oil takes an unexpected turn"
GregT on Thu, 21st Mar 2013 3:01 pm
US oil production peaked in 1970, nothing has changed.
DC on Thu, 21st Mar 2013 7:44 pm
RoFL! The US is nowhere near to that. Journalists are either grossly incompetent or willful liars.
Anthony McCarthy on Thu, 21st Mar 2013 9:45 pm
It has arrived, the price of oil is too high for its utility. Solar and wind energy are driving down the price of electricity in Germany, the same will happen in other places soon enough. What part of “NO FUEL COST” do you not understand. The market will find a way once the price is right.
BillT on Fri, 22nd Mar 2013 11:36 am
Anthony, electricity does not move the world. The stuff you eat, wear, and otherwise use is shipped by truck, freighter, or plane and all of those require oil. Not to mention the raw materials for ALL of those ‘renewables’.