Tuesday, September 8, 2009

Is Peak Oil Real ?

September 2006
Is the age of cheap oil about to come to an end? According to many experts, we are about to reach the point of "peak oil" -- the level at which supply can no longer keep up with demand. This, say the doomsayers, could send economies spinning into turmoil and up-end our comfortable, urban lifestyles. But others claim predictions like this are simply scaremongering. They believe supply will match demand for decades to come. So who's telling the truth? 'Peak Oil' investigates.

Produced by ABC Australia
Distributed by Journeyman Pictures
Category: Science & Technology
Tags:
peak oil peakoil depletion supply energy crisis inflation gas gasoline prices economy unemployment global warming fuel Journeyman Pictures world oil supply Economy economics inflation Oil Corn Recession commentary analysis animation obama mccain election world crises motion graphics music video Justice Genesis ed banger records dinosaurs biofuel ethanol green population growth high demand alternative fuels


OIL & GAS MARKET