Worried about the future? Then don't peek!

authordefault
on

World oil production has already peaked and will fall by half as soon as 2030, according to a report which also warns that extreme shortages of fossil fuels will lead to wars and socialย breakdown.

The German-based Energy Watch Group will release its study in London today saying that global oil production peaked in 2006 – much earlier than most experts had expected. The report, which predicts that production will now fall by 7% a year, comes after oil prices set new records almost every day last week, on Friday hitting more than $90ย aย barrel.

Related Posts

on

The longtime Big Oil attorney has major ties to conservative legal groups.

The longtime Big Oil attorney has major ties to conservative legal groups.
Series: MAGA
on

CPAC GB partners with Bitcoin network as Reform leader comes under fire for industry connections.

CPAC GB partners with Bitcoin network as Reform leader comes under fire for industry connections.
on

More than a decade after Shell announced its Beaver County complex, new reports show the oil giantโ€™s promised economic revival failed, while pollution concerns now shape debates over proposed data centers.

More than a decade after Shell announced its Beaver County complex, new reports show the oil giantโ€™s promised economic revival failed, while pollution concerns now shape debates over proposed data centers.
on

Nearly two thirds of countryโ€™s pig and poultry farms leach polluting manure into lough that supplies half the region's drinking water, according to latest research.

Nearly two thirds of countryโ€™s pig and poultry farms leach polluting manure into lough that supplies half the region's drinking water, according to latest research.