Running On Empty: The End Of The Oil Age
Some experts warn that the world is heading for a state of permanent oil shortage.
"Some observers predict that this year, maybe next almost certainly by the end of the decade the world's oil production, having grown exuberantly for more than a century, will peak and begin to decline. And then it really will be all downhill. The price of oil will increase drastically. Major oil-consuming countries will experience crippling inflation, unemployment and economic instability."
Thanks to Renae Meyer
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Published on Monday, May 30, 2005 in
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