World Oil Supplies Peaking…

This article ties in with other reports I’ve been reading recently. Simply put, not only is oil demand growing at a huge rate thanks to China and India industrializing, but we’re going to hit the halfway point in our oil supplies in the next few years. Once that happens, the amount of oil the industry produces will begin to slowly drop while the demand will continue to rise. This means skyrocketing oil prices and crippling effects on everything related to oil, which is also just about everything in the modern world. (Remember, this incudes Plastic. How much plastic is around you now?) Of course, we’ll also eventually run out of oil in 40-60 years as well, maybe as few as 30 or so. Time to buy into those hydrogen cell companies, which I’ve also read the Japanese are making great advances with.

Rob