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peak oil

Views of the News – March 2009

PEAK OIL: WHEN WILL WE REACH IT? HOW HAVE WE CALCULATED IT? WHY IS THE MEASURE IMPORTANT Peak oil is when maximum production of oil extracted. It is indicated by decreasing amounts of petroleum discovered, explored and extracted annually. Oil exploration in the west started in 1850. By 1910, most oil fields were identified, but [...]

By |2017-06-01T13:43:30+01:00March 6th, 2009|News|