Debate over peak-oil issue boiling over, with major implications for industry, society

07/14/2003
Future Energy Supply -1: Oil DepletionFirst in a series of six special reports on Future Energy Supply.Readers are invited to participate in Oil & Gas Journal's online forum on the peak-oil controversy at www.ogjonline.com (General Interest).The debate over the possibility of a near-term peak in global oil production has boiled over.The dispute centers on whether the world faces a permanent peak in oil production in the near term and with it a precipitous decline thereafter. Some of the main proponents of this view hold that the peak will come this decade and even speculate that the onset of the peak may already have occurred.The issue has enormous implications, not just for the oil...
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