Changes

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>

'''Peak Oil''' is a hypothetical event that asserts that there is a point at which global [[oil]] production will reach a peak or maximum, from which it then begins 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.