Peak Oil News

Friday, February 27, 2004

Reason: "Annual global oil production these days is 24.5 billion barrels. At the current rate of production, oil supplies would last at least 90 years. Taking into consideration various scenarios for future energy use and based on those USGS estimates, the Energy Information Administration sees oil production peaking anywhere from 2030 to 2075. Hardly an imminent crisis. "


At 4:03 PM, March 24, 2008, Anonymous Anonymous said...

It’s great that more people are focusing on making better environmental choices. Plus technology is making it more economical now, and that’s what people really notice. Wind energy, solar power, hybrids and zap EV’s, our choices are good. There are now electric cars being sold everyday, you just plug it into a regular power outlet. When people test drive them they say it’s far more fun to drive an EV.


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