Peak Oil & the End of Growth
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Energy Enables Complexity in Human Society
The three largest oil producing nations in the world are the United States, Russia and Saudi Arabia. We have used all of the or most of the really high quality light sweet crude that we used to read about 30 or 40 years ago. And now we're accessing the light tight oil, also called shale oil, which is found in the source rock. That's where all the other oil migrated from. After the shale oil, there's nothing left. I think in the next decade, we're going to crest the carbon pulse and still have a lot of energy, but it will be a declining amount of energy every year.
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