Friday, July 06, 2007

Peak Oil: Life After the Oil Crash

It was 2 years ago when I first came across the peak oil issue. I had started to read into this issue and the facts and claims are truely alarming.

Petronas has just announced that Malaysia will be net oil importer in 3 years time! It is time to really get to know the issue if you haven't. The world financial system is based on Oil, it is unlikely to sustain when after the oil crashes. Read here:
Peak Oil: Life After the Oil Crash

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