Findings
The interviewees provided the results of their analysis of current levels of proven reserves, the limited opportunities for significant oil discoveries, and the dire economic consequences of a global oil production peak. Their overall conclusions were that a global peak was imminent (if not already occurring), more wars would be fought to control access to oil resources, and economies most dependent on oil (or relying on trade with oil-dependent nations) would suffer dire consequences rivaling the Great Depression, without the benefit of cheap oil to enable a recovery.
Read more about this topic: A Crude Awakening: The Oil Crash
Famous quotes containing the word findings:
“Our science has become terrible, our research dangerous, our findings deadly. We physicists have to make peace with reality. Reality is not as strong as we are. We will ruin reality.”
—Friedrich Dürrenmatt (1921–1990)
“Our science has become terrible, our research dangerous, our findings deadly. We physicists have to make peace with reality. Reality is not as strong as we are. We will ruin reality.”
—Friedrich Dürrenmatt (1921–1990)
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—Eugenie Clark (b. 1922)