Peak oil is the point in time when the maximum rate of global petroleum production is reached, after which the rate of production enters terminal decline. If global consumption is not mitigated before the peak, a world energy crisis may develop because the availability of conventional oil will drop and prices will rise, perhaps dramatically.
Read the whole definition on Wikipedia.
NVDL: 'Peak Oil' represents the last port of call for those bewildered souls seeking solace - or at least insight and understanding -into a rapidly unravelling world. James Kunstler is an intelligent, calm, sane and sensible voice of reason that has been communicating (in books, on the internet, on CNN and elsewhere) about the coming global emergency. He cautiously implores us to take action, and avoid panic. I on the other hand have less faith in our capacity for manners and good behaviour when things do go south...but like Jim, I firmly believe in the importance of communities, and becoming good neighbours to each other.
Other resources:
Who is James Kunstler?
Kunstlercast (audio discussions)
James Kunstler
Global Public Media
The Oil Drum
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