{"id":6444,"key":"Peak_oil","title":"Peak oil","latest":{"id":1207085,"timestamp":"2025-11-27T21:29:17Z"},"content_model":"wikitext","license":{"url":"https://www.appropedia.org/Appropedia:Copyrights","title":"CC-BY-SA-4.0"},"source":"'''Peak oil''' is the belief that the peak level of oil production has been reached, or will be reached soon. After the peak has been reached, supply will be increasingly restricted, and the supply-demand balance will lead to dramatically increasing prices, as the declining reserves struggle to meet demand.\n\nIn April 2005 China surpassed Japan as the second largest world consumer of petroleum (behind the U.S. of course).\n\n== Peak oil and climate change ==\n\nNote that peak oil is not the same as peak energy.<ref>George Monbiot points out there are many decades of coal remaining, especially with potential new technologies. [https://www.transitionculture.org/2007/04/10/george-monbiot-on-peak-oil-and-transition-towns/ George Monbiot on Peak Oil and Transition Towns] transitionculture.org, 10 Apr 2007.</ref> The solutions to the two problems have much in common, but are not exactly the same, as oil is not the only major influence on climate change.\n\n== Other implications of peak oil ==\n\n* Solving the problem by moving to [[biofuels]] can be expected to create competition between food crops and fuel crops, making life harder for the global [[poor]].\n\n== Notes ==\n\n<references />\n\n== See also ==\n\n* [[Low energy economy]]\n* [[Transition towns]]\n* [[Alternative energy]]\n\n== External links ==\n\n* [[Wikipedia:Peak oil]]\n* [http://web.archive.org/web/20090524191527/http://www.postcarbon.org:80/groups/ Post Carbon Institute]\n* [http://www.lifeaftertheoilcrash.net Life After the Oil Crash]\n* [http://en.wikipedia.org/wiki/Peak_Oil Peak Oil (WP)] - lengthy article that surveys different viewpoints on peak oil. Lots of supporting references. The discussion page, which is longer than the article (and that's not including the archive!), is an interesting read.\n\n{{Page data\n| license = CC-BY-SA-3.0\n| description = Explore the concept of peak oil, its implications for climate change, and the challenges of transitioning to alternative energy sources in this informative article.\n}}\n\n[[Category:Peak oil]]"}