Do you know what peak oil is?

Question

If so, do you believe the implications of it? When do you think global production will (or has) peak. Are you afraid of it?

Answer 1

During the last century we flexed our industrial might to build cars and home furnaces across the land. Pollution and fuel prices is causing people to examine thier energy alternatives now. Hopefully now our gas-burning cars and fuel-oil burning furnaces will be replaced with cheaper, more efficiant set ups that don't pollute. Oil production should decline then. Our industries will shift away from using petroleum products also. Maybe we will hardly use any oil at all by the end of this century. That would be good.

Answer 2

they say that it peaked last year, i dont buy it, its propaganda to help drive oil prices up, we should raise the gas tax so we use less