http://www.fcnp.com/news_stories/the_peak_oil_crisis_the_summer_ahead_20080612.html
This is grim. It looks like the world is living off of stockpiles, with insufficient crude being produced to maintain supply. Sounds like a major price spike is coming as soon as these little puddles of oil are used up and we are faced with the core reduced supply. $10 a gallon gasoline anyone? Maybe in a year, or a few months?
Read: The Peak Oil Crisis: The Summer Ahead
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