Peak Oil Files - 1 - The Importance of Oil from iea Watch Video

⏲ Duration: 8 min 79 sec
✓ Published: 10-Nov-2012

Description:
Peak oil is where oil production rates fall after hitting a peak. Supply will no longer be able to meet demand causing dramatic increases in oil price. This will have a major impact on us and our economies in a world thoroughly dependent on oil.nnThis is the first chapter in an in depth, multi part, info-graphic based series that attempts to explain all the ins and outs of peak oil, why it is inevitable and what is likely to happen in the coming years. It is intended to be much like a book with