America's wake-up call
Date: Saturday, May 29 @ 20:34:00 PDT
Topic: Consumption; Demand; Prices
One of the strongest warnings comes from Kenneth S. Deffeyes, a geologist and Princeton University professor who has calculated that the world's oil production will peak around Thanksgiving Day in 2005. After that, he predicts, production will begin a perilous and precipitous decline, as wells dry up and oil producers scour the globe for the last of its diminishing supply.
The Baltimore Sun
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