The Wall St. Journal wrote a story last week about peak oil. [“Peak oil” is when global production of oil reaches a maximum and begins decline as supply runs out.] That The Wall St. Journal ran an article discussing peak oil is interesting for a few reasons:
1. The Wall St. Journal is a conservative, [...]
Tag Archives: peak oil
Wall St. Journal: Peak Oil–2015
February 16, 2010 – 4:53 pm
Peak Oil
February 3, 2010 – 1:56 am
Today I’ve been thinking about “Peak Oil.” Basically, the Earth will run out of oil someday. “Peak Oil” is the concept that before we run out of oil, we will reach a period of peak extraction. Many scientists believe we are reaching that point. I found this video explaining the concept:
In about 1970, the U.S. [...]