There are four or five factors indicating that the oil supply situation is likely to become extremely problematic within a decade. There is no recognition of this within the mainstream. Each of the themes is briefly summarised below, with documentation given in the appendix. Production of conventional oil seems to have peaked about a decade ago . A number of analysts think this is the case, so no documentation is given below. Oil supply has been kept up over the last decade by increasing supply of unconventional oil, e.g., from fracking. The amount of energy needed to provide each unit of oil energy (EROI) is increasing. It has more or less doubled in twenty years. This is because of increasing scarcity, difficulty of discovery and need to tap more difficult sources. The discovery rate has fallen dramatically, […]