Energy Watch Group
latest news & developmentsWorld reluctant to face up to looming oil crunch
”Peak oil”, the point at which global petroleum production reaches its maximum, could come as early as 2011, a Cape Town conference on oil and gas heard on Tuesday. Chris…
Oil decline ‘brings risk of war and unrest’
World oil production has already peaked and will fall by half as soon as 2030, according to a report that also warns that extreme shortages of fossil fuels will lead to wars and…