PEAK OIL

This article discusses the pros and cons of bicycles as a post peak oil means of transportation.

An explanation of Peak Oil from a former Oil Industry Executive.

This article tells about Peak Oil and how we know it exists.

A peak oil refers to the top of the curve that characterizes the production from a well or an oil field. Thus, the global peak oil (abbreviated as Peak Oil) is when global production begins to decline because of the exhaustion of exploitable oil reserves.

In a report issued by the Wall Street Journal, the International Energy Agency's (IEA) Chief Economist, Fatih Birol, outlined reasons for the agency's significant downward revision in its world oil supply estimates.

With oil prices touching $120 per barrel, reality is finally starting to set in -- the world is heading into the teeth of a vicious Peak Oil crisis.

A description of the coming peak oil crisis and how we might best deal with the problems it will cause.

'Peak Oil' is a phrase used by many environmentalists, green groups and scientists. But what is it and what does it mean for you and me?

With world leaders doing everything they can to tamp down record oil prices, expectations for the Jeddah oil Summit are running high. Hopes come from the idea that OPEC is sitting on massive reserves and is now, at last, bowing to pressure to turn on the taps.

Over the past few years we have seen an incessant rise in oil prices. At the same time, members of OPEC have been in denial of any kind of trouble.

Today world oil prices reached new records. Again. Coming as high as $109.72 per barrel in trading, it finally settled at $108.75.

Today, according to numerous news reports in the Associated Press, the price of oil reached a new all-time high of $101 per barrel. This new price is, likely, even higher when adjusted for inflation than when oil reached its previous record.

One by one, the world's oil companies are coming out of the closet.

Oil companies are looking for petroleum engineers, and are paying well when they do find them.

Recently released and currently touring national and international film festivals, Crude Impact depicts the fallout and potential devastation created by our world's addiction to oil.

Has the soaring demand from China and India finally made Hubbert's dire predictions come true?

The United States and China are in competition for a limited resource, and events in Africa may be setting up a showdown.

The peak oil theory is the idea that Earth's oil and other fossil fuels are finite resources that will eventually run out. When the oil runs out, it will cripple the world economy unless alternative means of energy production are found.

Ever wonder how much the world relies too much on the output of giant oil fields... and where investors will turn when these massive fields fail us?

The peak oil theory, which states that global oil production will peak, got support from a whistleblower at the IEA, International Energy Agency, who claims that the agency has covered up dwindling oil supplies to avoid panic.

Gull Island is five miles offshore from Alaska's Prudhoe Bay. Back in the 1970's, a huge oil and natural gas field was reported by Mr. Lindsey Williams to have been located by oil companies drilling in Prudhoe Bay.