What is Peak oil?
"The term Peak Oil refers to the maximum rate of the production of oil in any area under consideration, recognising that it is a finite natural resource, subject to depletion."
--Colin Campbell
Oil Shock
Publication date:
2008-02-20
First published in:
Foreign Policy
Abstract:
Vijay V. Vaitheeswaran’s article on oil is highly problematic (“Think Again: Oil,” November/December 2007). To begin with, the statement, “The world has more proven reserves of oil today than it did three decades ago, according to official estimates,” clearly indicates Vaitheeswaran’s limited knowledge about the debate surrounding oil reserves. Apparently, he simply accepts statistical data (such as that published in BP’s Statistical Review of World Energy) without question...
Published in: Foreign Policy January/February 2008
Available from: Foreign Policy Online
