Check out LifeAftertheOilCrash.net. They explain the global situation surrounding peak oil better than we could. Here's an excerpt: In practical and considerably oversimplified terms, this means that if 2005 was the year of global Peak Oil, worldwide oil production in the year 2030 will be the same as it was in 1980. However, the world’s population in 2030 will be both much larger (approximately twice) and much more industrialized (oil-dependent) than it was in 1980. Consequently, … read on »

While the title of our initial post may seem a tad dramatic, we've come to adopt a simple motto that we believe everyone could benefit from: Hope for the best. Prepare for the worst. With that in mind, we take a peek at peak oil and see that oil supply has peaked, and the world is now headed down the slippery slope toward the point of no return. What is peak oil? Put simply, peak oil refers … read on »