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Culture Change in Energy Information Directory

     

The fundamental driver of the 20th Centuryís economic prosperity has been an abundant supply of cheap oil. At first, it came largely from the United States as it opened up its extensive territories with dynamic capitalism and technological prowess. But U.S. discovery peaked around 1930, which inevitably led to a corresponding peak in production some forty years later.

 


Website: http://www.culturechange.org/issue19/peakoil.htm

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