2007: Solving Peak Oil - Report

Meridian International Research Publishes 'Solving Peak Oil' Report

Source: Meridian International Research
[Sep 12, 2005]

SYNOPSIS: Instead of meaning global economic disruption, Peak Oil provides an opportunity to create a new global civilization free of dependence on petroleum.

While much has been written recently on the Peak of Global Oil Production, very little has been written to demonstrate how we can overcome these problems and manage declining oil supplies with workable and effective strategies.

This report "2007: Solving Peak Oil" fills that gap. It focuses on the answers to Solving Peak Oil.

"2007: Solving Peak Oil" explains how known, tried and tested and cost effective technologies can be implemented quickly to reduce oil consumption in step with falling oil supply and maintain security of global transport without major disruption to society.

That Peak Oil is real and imminent is now beyond doubt. Action must be taken to reduce Global Oil Dependence. By 2010, Oil Production will have fallen to 82Mb/d (million barrels per day)from some 85Mb/d at present. By 2020 it will have fallen further to 65Mb/d. Half of global oil consumption is used by the transportation sector and the majority of that by Road Transport.


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