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Best of the Oil Drum Index

Up to date as of: May 11, 2008

Estimating the Economic Impacts of Peak Oil

March 7, 2008

How fast does the economy decline as oil production declines? In his latest report, drawing on various sources, Robert Hirsch reasons that the correlation is 1:1. A 2.5% annual decline rate will shrink the global economy by 25% in 10 years. Other reports substantiate that ratio.

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Stocking Up a Pantry

Costco is still rationing rice and the delivery times for freeze-dried food are increasing by the week. Read our recommendations for building up your pantry.

What I'm Doing to Prepare

Check out Gophers, Planters and Hawaii.

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