>Finally, although I don't foresee "peak oil" in the immediate future, it's becoming more expensive (economically and environmentally) to produce it. Peak oil

>Finally, although I don't foresee "peak oil" in the immediate future, it's becoming more expensive (economically and environmentally) to produce it. Peak oil precisely means that it's becoming more expensive (economically and environmentally) to produce it. We've used up most of the cheap, easy-to-reach oil and now we're paying more (and producing more pollution) to get at the expensive, hard-to-reach oil.