Peak oil

About

"Peak oil" is a nickname for the likely event in which oil production reaches a peak and begins to decline, due to the increasing difficulty of extraction as easily-extracted reserves are depleted and more difficult reserves are all that remain.

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Links

Reference

• Wikipedia
• Conservapedia "The theory has been floated by some geologists and promoted by fossil fuels opponents, but suffers from a lack of supporting evidence."
• RationalWiki "In most cases, the phrase "peak oil" refers to more than the fact that petroleum is a finite resource; this is no longer disputed by anyone (except a few cranks like those who adhere to the Soviet concept of abiotic oil)."
• SourceWatch