Valdez relay

Posts Tagged ‘Peak’

When cruising around the net looking for automated income opportunities it is easy to find the promises that different sites will make. They sell the dream of financial independence. The ability to cast off the shackles of the work-a-day world and enjoy the freedom and flexibility that you deserve.

It’s easy to buy into this dream because it’s attractive and can be done. Automated income can be accomplished. There are more practical reasons to start a home business. The world is running out of resources, particularly oil.

Now, I am not asserting some sort of doomsday or Mad Max type of scenario. What I do expect is that the cost of getting from one place to the next is going to continue to trend higher. This will not only effect the cost of gas, but the cost of everything that uses petroleum products. This includes things that most people never even consider. Things like anything plastic, fertilizer for our farms, and the heat for many of our homes. In fact, there are thousands of commercial applications for pertroleum products. Most of the commercial applications are beyond our knowledge.

Peak Oil is the theory that there is a point in time where the maximum amount of oil taken out of the ground will peak. After this point has been reached extraction will fall into a terminal decline. Peak Oil theory was created by geologist M King Hubbert. He accurately predicted that oil production in the United States would peak by the late 1960s. Regardless of your belief in that theory, it’s hard to argue that there is a limitless supply of oil.  Read more...