http://blog.maxdunn.com/articles/2007/12/22/peak-oil-prediction en-us 40 Max Dunn's Personal Blog <p>I haven&#8217;t written in my blog yet about peak oil, although my friends and family have certainly gotten an earful. I will be writing more about it in the future, but for now I wanted to put a stake in the ground and publish my prediction of worldwide peak oil. Here it is.</p> <p>I believe that worldwide our demand for oil is now passing our total possible production which will lead to sporadic shortages and continuing price increases. (Of course there will be ups and downs along the way, but this will be the overall trend.) In concrete terms, I believe that sometime before the end of 2011 oil will hit $200 a barrel, gas will cost $7 a gallon and there will be times when we won&#8217;t be able to get gas to fill our cars.</p> <p>There it is, my peak oil prediction has now been published.</p> Sat, 22 Dec 2007 10:34:00 -0800 urn:uuid:7972e805-cde7-4521-8e6b-2c5fda9c1666 Max Dunn http://blog.maxdunn.com/articles/2007/12/22/peak-oil-prediction Peak Oil