Michael Ruppert on relation between Deepwater Horizon leak and Peak Oil listen05/05/10 Kelly Benjamin
WMNF Drive-Time News Wednesday | Listen to this entire show:
Peak Oil is the concept based on the point in time when the maximum rate of global petroleum extraction is reached. After that point, the rate of production terminally declines. Predictions vary on exactly what these negative effects will be on modern industrial, agricultural, and transportation systems. But severe increases in the cost of oil and negative effects on the global economy are widely expected. WMNF spoke with Michael Ruppert, investigative journalist and author of two books on Peak Oil.