Summary: The world is not running out of oil but once we passed Hubbert's Peak a few years ago the age of cheap oil ended forever All the major powers recognize this -- Russia China the European Union Japan and the U S -- and that's why the competition to control the Middle East's remaining sources of flowing oil is becoming fierce Two guests examine this critical issue Matt Savinar www lifeaftertheoilcrash net explains Hubbert's Peak and how this is already affecting life in the West a change which will only increase with time Then Lutz Kleveman author of www newgreatgame
