Oil production peaked in 2008
Production of oil peaked in 2008 at 81.73 million barrels / day according to The Oil Drum. The world credit crunch / economic recession has now lead to a decline in demand and hence production. Of course when the economic climate improves there will be increased demand for liquid oil [...]
About John Williams
Hi, I'm John, Travel Crunch is my Travel Blog. The way we travel today will affect the travel aspirations of future generations and quite possibly their quality of life. TravelCrunch will discuss issues and share experiences and tips for travellers who want keep the cost of their travel to themselves and the environment to a minimum. Please feel free to challenge any of my views on here, I don't profess top be an expert and I'm certainly not 'holier than thou'.
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