Government and media refusal to acknowledge that oil is running out is one of last year's stories that have been overlooked, under-reported or self-censored by the mdeia.
"If the former industry executives, geologists, and statisticians in the Association for the Study of Peak Oil (ASPO) are correct, oil may have already reached its highest levels of production potential. But U.S. leaders, and the mainstream media, refuse to acknowledge that we are headed for an inevitable oil crisis with extreme consequences sure to impact every aspect of our lives. As the peak is reached, oil prices will start to rise (as they have every year since 2000). As the oil decline accelerates, prices will rise even faster."
"Project Censored is a media research group out of Sonoma State University which tracks the news published in independent journals and newsletters. From these, Project Censored compiles an annual list of 25 news stories of social significance that have been overlooked, under-reported or self-censored by the countrys major national news media."
Thanks to Abhijeet Chavan
FULL STORY: Media and Government Ignore Dwindling Oil Supplies

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