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'''Peak Oil''' is the theoretical point when peak global [[oil]] production will have been reached. According to some scientists, global oil production will begin an irreversible decline and less oil will be available with every passing year. Energy experts no longer debate about whether the peak will occur, but when.<ref name=Fox20060428>Ker Than [http://www.foxnews.com/story/0,2933,193624,00.html Experts: Global Oil Production May Peak Soon] April 28, 2006 [[Fox News]]</ref>
'''Peak Oil''' is the theoretical point when peak global [[oil]] production will have been reached. According to some [[scientist]]s, global oil production will begin an irreversible decline and less oil will be available with every passing year. [[Energy]] experts no longer debate about whether the peak will occur, but when.<ref name=Fox20060428>Ker Than [http://www.foxnews.com/story/0,2933,193624,00.html Experts: Global Oil Production May Peak Soon] April 28, 2006 [[Fox News]]</ref>
Global oil production will peak sometime between 2008 and 2018 and then decline, according to a controversial new model developed Swedish University of Uppsalla physicist Fredrik Robelius.<ref name=Fox20060418>Melinda Wenner [http://www.foxnews.com/story/0,2933,266764,00.html Study: 'Peak Oil' Will Be Reached by 2018] April 18, 2007 [[Fox News]]</ref> According to a recent U.S. Government GAO report, world oil production will peak between now and 2040<ref>[http://www.energybulletin.net/28016.html Coverage of the GAO peak oil report] Energy Bulletin, Mar 29, 2007</ref>
Global oil production will peak sometime between 2008 and 2018 and then decline, according to a controversial new model developed Swedish University of Uppsalla physicist Fredrik Robelius.<ref name=Fox20060418>Melinda Wenner [http://www.foxnews.com/story/0,2933,266764,00.html Study: 'Peak Oil' Will Be Reached by 2018] April 18, 2007 [[Fox News]]</ref> According to a recent U.S. Government GAO report, world oil production will peak between now and 2040<ref>[http://www.energybulletin.net/28016.html Coverage of the GAO peak oil report] Energy Bulletin, Mar 29, 2007</ref>