Official IEA (International Energy Authority) reserve numbers indictate that the world has 35-odd years of oil supply still to be produced - at current levels. This time period reduces dramatically if you factor in 2 or 3% growth.

The first half of historical production was the easy to extract, high quality part; the second half will be harder to extract and more costly to process. What will happen to the world economy has oil becomes increasingly expensive?

Please sign this on-line petition:

 http://www.petitiononline.com/PeakOil/