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“Oil Supply Shock” – we’ll be out of oil by 2040!

Facts and arguments or rumors and gossips?

There is a new report out on Peak Oil (point of maximum oil production) released by US Government Accountability which says that US is vulnerable and the government is unprepared for unacceptably high risk of “oil supply shock”

According to this report the oil peak will occur without any warning any time from now to 2040 (what a bogus time frame)

The below video piece is a coverage of the report from CNBC:

That makes us thinking.. hm… “If Opportunity and Discover find some oil on Mars, we may start packing…” :)