When will the oil run out?

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Tuesday 16 December 2008 5.40pm
Wednesday 17 December 2008 2.17pm
People have been scaremongering about peak oil for ages. Back in the fifties some reports predicted we'd be well past peak by now.

At present energy companies and oil countries seem to only be investing in alternative energy at a low level (if at all), more for the image than as an effort to diversify. I don't think we need to worry to much until they do, although getting started on a couple of new nuclear electricity plants now might be a grand idea, given how slow the government move...

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