Interactive oil depletion atlas

The Last Oil Shock

David Strahan’s web site

 For every barrel of oil we discover, we now consume three

 Oil production is already falling in more than 60 countries

At some point, probably in the next decade, global oil production will start to fall – for ever

 Peak Oil is the point in time when worldwide oil production reaches a peak. After the peak, the amount of oil produced will decline. This follows an earlier peak in worldwide discovery, which happened in the 1960′s.

Dates for the production peak are increasingly converging on the period 2008 to 2015.

When peak oil is reached, demand will exceed supply and prices will increase considerably as oil becomes scarcer. This has far reaching implications for our way of life, as we take the availability of cheap energy to power our lives and drive industrial growth almost entirely for granted.

Transition Leicester have some useful links to peak oil