Tag Archives: Peak Oil
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 … Continue reading
What is Travel Crunch
‘Credit Crunch’ and ‘Energy Crunch’ are terms many of us will have come across at one time or another. To be able to travel we all need to be able to finance our trips and the current credit crunch will … Continue reading
Posted in Sustainable travel
Tagged budget, CO2, credit crunch, energy crunch, Peak Oil, travel
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