Oil Dependency Good or Bad?

At times global petroleum production reaches its maximum, this is known as peak oil. This can lead to a drop in availability, a rise in price and could potentially be a disaster with an energy crisis the end result. Petroleum is a non-renewable resource that is already considered to have reached its maximum and a decline could well be on its way. This will affect a variety of industries including the transportation, agriculture and chemical and plastic industries. It could More