A 2012 report showed that the U.S. may be energy-independent in just a few years, but not too long ago the specter of peak oil loomed large on the political and economic landscape. Join Chuck and Josh as they visit the consequences of running out of oil.
In this Stuff You Should Know episode, Josh and Chuck dive into the concept of peak oil - the point when global oil production can no longer keep up with demand. They explore M. King Hubbard's famous curve that predicted this phenomenon, examining both the alarming predictions from peak oil believers and the more optimistic assessments from energy companies who say we have plenty of reserves left. The guys break down the complex factors affecting when this might happen, from alternative energy developments to new oil discoveries, while discussing what could be catastrophic consequences if we're not prepared.
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