Peak oil means peak economy - Hirsch

18.10.07
When global oil production peaks, the economy is likely to shrink in direct proportion to dwindling fuel supplies, says Dr Robert Hirsch of the thinktank SAIC

Listen to Interview with Robert Hirsch author of a groundbreaking report for the US Department of Energy which highlighted the long lead-times and other limitations of purely supply-side responses to peak oil. In an interview with lastoilshock.com on the sidelines of the Houston conference, he went on to argue that fuel rationing will be an essential part of any policy response, and predicted that such measures would be introduced even in the United States.

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