Jim Brumm: Long-Term Thinking for a Short-Sighted World

Peak Oil. It’s a term we’re hearing more and more these days. It refers to that point in time when we have passed the halfway mark in extracting the available oil still in the ground. At that point we will be going down the oily, slippery slope toward extracting the last of the oil available. But long before we suck it dry, it will be harder and harder to find, even as oil demand continues rising everywhere.