Provides research, talks, and professional presentations concerning Peak Oil and its impacts. We also consult with individuals, organizations, businesses, and governments regarding decisions and risk management planning for Peak Oil.
An independent, UK-registered educational charity working to raise international public awareness and promote better understanding of the world's oil-depletion problem.
ODAC was founded in June 2001 on the belief that an informed public debate about the likely impacts of depleting oil supplies is critically needed. A growing number of experts now predict that world oil production will reach its ultimate peak within a few years and then start permanently to decline, while the prevailing view of most energy policy-makers and institutions is that near-term oil supply is mainly an economic and geopolitical concern. Under almost any scenario, however, lead time is running short for a smooth transition to new energy systems and a less oil-dependent way of life.
Peak oil is the point or timeframe at which the maximum global petroleum production rate is reached, after which the rate of production enters its terminal decline. If global consumption is not mitigated before the peak, the availability of conventional oil will drop and prices will rise, perhaps dramatically. M. King Hubbert first used the theory in 1956 to accurately predict that United States oil production would peak between 1965 and 1970. His model, now called Hubbert peak theory, has since been used to predict the peak petroleum production of many other countries, and has also proved useful in other limited-resource production-domains. According to the Hubbert model, the production rate of a limited resource will follow a roughly symmetrical bell-shaped curve based on the limits of exploitability and market pressures.
The Age of Cheap Oil is ending. This film details why, and how our leaders are preparing for it. "Peak Oil" is the motive for some of this century's greatest crimes.
