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peak oil

Collapse might be interesting to write about, if only everyone else wasn’t doing it.

Hubbert’s Peak is Finally Here

From here on out, just six counties in West Texas must meet all global demand growth. […] Using our neural network, we have updated our basin analysis, and the results are shocking. [This area] is likely less than a year from peaking and starting its decline. The only source of non-OPEC supply growth is now primarily tapped out.

What is Hubbert’s Peak Theory?

Hubbert’s peak is defined as the point where the demand for the resources is rising at its highest production rate and then expects a reduction in the correlation with the increased demand.
[…]
Technically speaking, when looking into the future, there is almost an unlimited amount of oil still to be extracted. This implies that we are not yet close to reaching peak energy.

lol

via Reddit

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