What Happened When the World Didnt End?

The World’s Oil Supply Will be Done In Ten Years

There are quite a number of conspiracy theories in the world ranging from the New World order to a number of paranormal activities. The most recent and worrying conspiracy is that the world’s oil supply is diminishing and will be completely done within 10 years. Due to the advancement of technology the need for oil has been and will be on the increase as time goes by.

The theory is ringing true as the latest measurements of the oil level and gas supplies indicates that these products are diminishing at a fast rate. This will also indicate that, since we rely so much on gas and oil, the civilization will come to a stop once these products are done. The already increasing fuel prices are an indication of the reduction in the supply of these products. The price is also predicted to increase and peak soon after 2010 with those of the gas supplies sooner after that. The economic consequence of this development will be disastrous unless an alternative source of energy is obtained.

The other evidence is the prediction of wars over oil and fuel as the various oil supplying countries will try to provide for the ever increasing demand for oil. There is a looming potential conflict over oil between the world’s major suppliers. This indicates a big change as not only the oil levels are reducing but those of natural gas and carbon as well.

There has been some speculation that this theory is false as many reports indicate that the oil production is always higher than the previous years and that there are many areas in the world where oil is being discovered. The speculation further indicates that the oil companies just try to use this conspiracy theory to increase fuel prices for their own advantage. geologist have disputed this reports stating that they have analyzed the production levels and it indication is that oil is diminishing faster than we can cope up with