Crisistunity!

Peak oil is the theory that says that we’ve passed the halfway mark of the planet’s oil supplies. Since making new oil requires dinosaurs, pressure and a whole lot of time, the world’s oil supply isn’t going anywhere but down. I’m not going to get into the details here because I’m betting most people are familiar with the concept. If you aren’t, Wikipedia has a good entry about it, which includes statements from critics of the theory.

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