A phenomenon called “peak oil” describes the depletion of fossil fuels. Because oil depletion occurs on a bell curve, it won’t actually ever run out. Instead, oil production just becomes continually lower until it is insignificant. What scholars argue about is the date that the depletion begins on. For most 2010, or around this time, is the key year. After this time, a “point of diminishing returns” occurs, and oil production begins to be unable to support our usage.
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