Oil is over the hump!

Not what you think. No, it’s worse.

Last year, the Energy Watch Group released a report that claims that world-wide oil production has already crossed the peak. Where previously experts had predicted (or wished) that oil production would continue to ramp up over the next few years, reality is that since 2006 world-wide oil production has been on a steady decline. The study below goes into great detail to analyze the international production areas and provides an outlook that basically makes the world oil market look really bleak.

If you have not invested in solar power yet, I can’t think of a better time than NOW.

4 Responses to “ Oil is over the hump! ”

  1. May 21st, 2008 | 12:14 pm

    Buy the bicycle :)

  2. May 21st, 2008 | 12:17 pm

    Too funny :) I just bought an old motorcycle on eBay. It sure is going to help during those times when I don’t have Pia and need to run some errands.
    A “real bicycle” is not an option here. It takes me about 15 mins by car (without traffic) to get to downtown Santa Fe. On a bike this will be easily 1.5 hrs. And then I can’t bring the groceries home …

  3. May 21st, 2008 | 12:20 pm

    As you already know, to save the energy (and the planet), you need to move to New York.

  4. May 21st, 2008 | 12:24 pm

    I rather be in the middle of nowhere when the shit hits the fan. Somehow I think I would be in a worse position in NY when the lights go dark …

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