Energy Shock – How Peak Oil Will Change Your Life
The familiar story in a new shape. Wikileaks revealed that Saudi-Arabia may have overstated its reserves by 40 percent and that Saudi oil production would peak in 2012. The US Department of Energy admits that the chance exists that the world will witness a decline of world liquid fuel production between 2011-2015. Globalization will come to a halt, local lifestyles will re-emerge.