According to some recent studies world oil production will soon reach so called “peak oil production”. This is a point where oil production declines year after year. There are also some strong indications that oil production (world) is already there, near the peak or already after it. At the moment I’m reading two reports about this, one is from International Energy Agency and another from Energy Watch Group. They are contra dictionary. The first one is quite optimistic and one could understand that we should not worry too much about oil until 2030. Second one is reporting that it is possible we have already reached peak oil production and oil production will decline until 2020 and even more decline until 2030. So… what to believe? I think it is not a question of belief, we should act like we are 100% that we will run out of oil until 2020. Act green and stay in touch.
