Alot of people have their heads in the sand over this notion of ‘Peak Oil’, basically it means that we have reached the peak (or nearly) of oil production and the worlds oil reserves will start running out… meaning less oil to go around, and therefore higher prices. Whether we have reached the peak, passed the peak or are still to reach the peak, it makes no difference, we will sometime (probably sooner than later) run out of oil.
Amongst those with there heads in the sand over peak oil is our federal government. Michael Lardelli from Peak Oil South Australia joined us this morning…
or click here to listen
