Predictions for the exact date of peak oil were wrong, but it will still happen. In fact, Alaska's oil production peaked in 1988, conventional oil production pe

Predictions for the exact date of peak oil were wrong, but it will still happen. In fact, Alaska's oil production peaked in 1988, conventional oil production peaked around 2005, and new oil discoveries peaked in the 1960s. Exxon-Mobil acknowledges publicly that all the "easy" fossil fuels have been found. Modern fossil fuel production is complex, difficult, expensive, and hugely damaging to ecosystems. Many of the claimed reserves may not be reachable even with current sophisticated extraction methods. The growth will end, the world will start sliding down the other side of the curve. It's only a question of when.