Oil is needed to power the world and to produce enough food to sustain the huge current world population. We have probably reached the peak in global oil production, and from now on the production rates wil decrease
There are some countries that have not yet reached this peak. Securing their oil supplies will be essential for the survival of big oil importing nations. Three countries who have not yet peaked are:
- Saudi Arabia
The USA's production peaked in 1970 and its the largest importer of oil in the world.
Peak Oil production will affect almost every aspect of your current modern lifestyle in the West.