Policy Position: On Peak Oil

A question for the Leaders of our Political Partys (this includes the Greens once the election gets rolling) Over the past year, the imminent decline of global oil resources, or “peak oil” as it is commonly known, has come to the forefront of public discourse. This inevitable occurence is only 2 or 3 electoral “terms” …

Kuwait reaches peak oil

It’s official. The 2nd largest oilfield in the world has, after 60 years of pumping.. reached its’ **peak production. [T]he Kuwait [national] Oil Company revealed … The peak output of the Burgan oil field will now be around 1.7 million barrels per day, and not the two million barrels per day forecast for the rest …