Changes

The '''Peak oil''' theory asserts that there is a point (also called "peak oil") at which global [[oil]] production will reach a peak or maximum, from which it must then begin an irreversible decline. It’s the theory that geological scarcity will at some point make it impossible for global petroleum production to avoid falling, heralding the end of the oil age and, potentially, economic catastrophe.<ref> "It’s the theory that geological scarcity will at some point make it impossible for global petroleum production to avoid falling, heralding the end of the oil age and, potentially, economic catastrophe." [http://www.nytimes.com/2009/08/25/opinion/25lynch.html?_r=2] </ref>

The '''Peak oil''' theory asserts that there is a point at which global [[oil]] production will reach a peak or maximum, from which it must then begin an irreversible decline.<ref> "It’s the theory that geological scarcity will at some point make it impossible for global petroleum production to avoid falling, heralding the end of the oil age and, potentially, economic catastrophe." [http://www.nytimes.com/2009/08/25/opinion/25lynch.html?_r=2] </ref>

The theory has been floated by some geologists and promoted by [[fossil fuels]] opponents, but suffers from a lack of supporting evidence.  

The theory has been floated by some geologists and promoted by [[fossil fuels]] opponents, but suffers from a lack of supporting evidence.