'Significant Risk' Of Oil Production Peaking In Ten Years, Report Finds
Wednesday, October 7, 2009 - 23:35
in Mathematics & Economics
A new report argues that conventional oil production is likely to peak before 2030, with a significant risk of a peak before 2020. The report concludes that the UK Government is not alone in being unprepared for such an event -- despite oil supplying a third of the world's energy.