Friday, June 13, 2008

Our Golden Years - Peak Oil Turmoil

What Is Peak Oil

We're at the beginning of the end of the era of cheap oil.

The Economic Impact

If we don't do something soon we can expect a global economic collapse.

Teacher Aaron Wissner talks about how peak oil is likely to cause economic downturn, recession and/or recession. Peak oil is not just about gas or oil prices. Oil is what determines how the global economy functions. With less oil, there will be less growth

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