One British petroleum expert predicts peak production of oil could come as early as next year. "If he is correct, then global oil production can be expected to decline steadily at about 2-3% a year, the cost of everything from travel, heating, agriculture, trade, and anything made of plastic rises. And the scramble to control oil resources intensifies. As one US analyst said this week: "Just kiss your lifestyle goodbye." You'll want to catch up with this sobering news article from April 21, 2005 The Guardian on the web at: http://www.guardian.co.uk/life/feature/story/0,,1464050,00.html
Posted by slw4 at April 21, 2005 11:04 PM