Updated Twice If you want evidence that we are reaching Peak Oil* you need only look at Alaska. Alaska has traditionally provided about 20% of the United States need for oil. This figure has been in steady decline over the past few decades as Alaskan oil was allowed to be sold globally, and US demand …
Tag Archives: Peak Oil
Peak Oil by 2006?
That’s what Colin Campbell says in a recent Guardian article: Campbell reckons global peak production of conventional oil – the kind associated with gushing oil wells – is approaching fast, perhaps even next year. His calculations are based on historical and present production data, published reserves and discoveries of companies and governments, estimates of reserves …