Comments on: We’re fucked. Almost half our oil is from countries with either unaudited or exaggerated oil reserves or where production is declining. Discovery of new oil peaked 40 years ago and has been steadily declining ever since.

Comments on: We’re fucked. Almost half our oil is from countries with either unaudited or exaggerated oil reserves or where production is declining. Discovery of new oil peaked 40 years ago and has been steadily declining ever since. http://www.economicsinfo.com/economics/2009/08/31/were-fucked-almost-half-our-oil-is-from-countries-with-either-unaudited-or-exaggerated-oil-reserves-or-where-production-is-declining-discovery-of-new-oil-peaked-40-years-ago-and-has-been-steadily/ Economic News, Discussion and More http://wordpress.org/?v=2.8 hourly 1