Oil production peak: we may already be there
By Bob Hague
Are you familiar with the theory of peak oil?
We all know fossil fuels can't last forever, but Ed Blume with RENEW Wisconsin and the Madison Peak Oil Group says many experts believe we're a lot closer to the production peak than you might imagine. "The point is, we will get to the peak," said Blume. "And then we will simply have fewer petroleum products to pull out of the ground and use."
If the world's oil producers have indeed reached that peak, Blume says it's not unreasonable to assume that's a factor in the price of gas at the pump. Blume was on hand at Wednesday's "Clean Energy Fair" in Madison, which included a display of efficient vehicles.
AUDIO: Bob Hague reports (:57 MP3)