The Decline Of Oil

Published on
I was just sitting here, watching a bit of Lost on the DVD player and also doing a bit of research. Like most evenings, I usually wind down my evening by reading about the state of the world, or sometimes about the latest technology. I came across this interesting article about how the US Navy is toying with the idea of turning seawater into Jet Fuel. The reason they are considering this is because the United State's oil production is on the downward slide. In fact, the United States reached peak oil production sometime in the 1970s I believe. Of the 30 or so countries that produce significant ...