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Old 11-18-2007, 05:08 AM  
Boobzooka
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Join Date: Aug 2006
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What's to believe? If you use up a resource faster than you replace it, eventually you reach a limit. Just look at the graphs of discovery vs production over the past several decades and it instantly becomes obvious where we are today. Peak Oil doesn't mean running out of oil; that won't happen in our lifetimes; it does mean running out of the so-cheap-it's-almost-free energy that we've enjoyed for so long. I don't think Peak Oil is going to be the end of the world, but it is a wrench in the gears for any debt-based economy which depends on constant exponential growth to keep rolling.
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