What is peak oil and when is it going to happen?



  1. 0 Votes

    Peak oil is where the highest point of petroleum extraction is reached – It occurs at the ultimate point before demand exceeds supply and production begins its decline – The time of occurrence is disputed and an exact determination requires knowledge of all future oil reserves, but the current most optimistic prediction is around the year 2020.

Please signup or login to answer this question.

Sorry,At this time user registration is disabled. We will open registration soon!