Petroleum Joyride Almost Over?

Could the petroleum joyride — cheap, abundant oil
that has sent the global economy whizzing along with the pedal to the metal and the AC blasting for decades — be coming to an end? Some observers of the oil industry think so. They predict that this year, maybe next — almost certainly by the end of the decade — the world’s oil production, having grown exuberantly for more than a century, will peak and begin to decline.