Peak oil is the point in time when the maximum rate of global petroleum production is reached, after which the rate of production enters terminal decline. If global consumption is not mitigated before the peak, a world energy crisis may develop because the availability of conventional oil will drop and prices will rise, perhaps dramatically.
1976 video clip, when M King Hubbert speaking about world oil depletion and explaining the concept of peak oil.
Duration : 0:1:59
[youtube usJoqXTvGZ0]
February 4th, 2010 at 9:32 am
LOL… we wont. We …
LOL… we wont. We simply wont… bah, it’s expected anyway if not predicted. Too bad, planet Earth is kinda cool…
February 4th, 2010 at 9:32 am
Do your own …
Do your own research……….. this is bullshit…. global warming is bullshit…..wake up people….pass the message
Youtube the oil non-crisis
February 4th, 2010 at 9:32 am
Great vintage …
Great vintage footage. NObody listened then, will we listen now?