‘Peak oil’ a focus of 35th annual Earth Day
by Dan Fiorucci
April 22, 2005
Anchorage, Alaska - On this 35th anniversary of Earth Day, environmental groups are saying that a top priority is fighting oil drilling in the Arctic National Wildlife Refuge.
Two bills that would open the refuge to oil and gas exploration are moving through the U.S. Congress, and because of the new Republican majority, appear to have a better chance of passage this year than on previous attempts.
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Many described that future as bleak, after watching a documentary which argued that the world peak in oil production is taking place right now. Over the next four to five years, some energy analysts say, the world will be managing declining supplies of both oil and natural gas.
The documentary was called, “Oil Depletion and the Collapse of the American Dream.” It made a sobering case that 80 million barrels of oil a day -- the amount now produced by the world -- is as good as it gets.
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