GLOBAL OIL


WORLD OIL CRISES


Our civilization is built on Global Oil. But decades of petroleum consumption has generated two world crises,
each getting steadilyworse.



The End of Cheap Oil

 



Global Warming

At the current rate of global consumption, if no new reserves are found, global oil will be totally depleted in 16,841 days, or about 46 years.

Of course, world economic growth depends on oil production to increase, not decrease.

Something will have to be done long before world oil reserves are depleted.

Production declines of 10% or even 5% will have drastic -- even catastrophic -- effects on the global economy.

For details see:

"The Oil Crisis"

"Peak Oil: Life After the Oil Crash"

 

For more than two centuries humans have been burning fossil fuels.

Today those fuels, especially oil, release billions of tons of carbon dioxide, methane and other 'greenhouse gases' into our atmosphere.

Despite oil industry attempts to muddy the picture . . .

The evidence is indisputably clear -- human civilization based on fossil fuels continues to heat up our atmosphere.

For details see:

The EPA Global Warming site

Union of Concerned Scientists
Global Warming site