[news] Oil Running out, planet heating...

[Resist!ca]

World oil production will peak on Thanksgiving Day 2005, according to Kenneth Deffeyes of Princeton University. "After the peak, the world's production of crude oil will fall, never to rise again," Deffeyes wrote in an abstract. "If the predictions are correct, there will be enormous effects on the world economy. Even the poorest nations need fuel to run irrigation pumps. The industrialized nations will be bidding against one another for the dwindling oil supply. The good news is that we will put less carbon dioxide into the atmosphere. The bad news is that my pickup truck has a 25-gallon tank."

URL: http://resist.ca/story/2005/1/9/105757/7200