Skip to main content

oil reserves

  • 0
    Wikileaks: U.S. believes Saudi Arabia is running out of oil
    1297283040

    Peak oil, according to Wikipedia, is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline. Opinions vary on when the world will actually reach a peak oil scenario, but a new report detailed by Julian ...

  • 0
    Will peak oil trigger Mad Max society?
    1202909460

    According to a study by the Energy Watch Group (EWG), all of you Mad Max fans out there might get the chance to live the movie if oil production continues to decline. The oil industry believes Earth's oil reserves can last about another 42 years at current pumping rates. Energy Watch, basing its ...

Loading

Loading
Autoblog iPhone App