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October 22, 2006

What is Peak Oil?

What is Peak Oil? The term “peak oil” is used to describe the point at which the earth’s supply of oil will no longer be able to meet our energy needs. Oil is not a renewable energy source, and therefore can and will be exhausted at some point in the future. There is still a lot of debate about the projected date of peak oil due to our inability to accurately take stock of current world oil supplies.

Filed by datapencil at October 22nd, 2006 under Wirefeed, energy, renewable, oil, accurate, date, debate, earth, exhausted, future, needs, peak, source, supplies, supply, what
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