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The Oil Intensity of Food
Posted on June 25, 2009
By Lester R. BrownToday we are an oil-based civilization, one that is totally dependent on a resource whose production will soon be falling. Since 1981, the quantity of oil extracted has exceeded new discoveries by an ever-widening margin. In 2008, the world pumped 31 billion barrels of oil but discovered fewer than 9 billion barrels of new oil. World reserves of conventional oil are in a free fall, dropping every year.As I note in my latest book, Plan B 3.0: Mobilizing to Save Civilization, discoveries of conventional oil total roughly 2 trillion barrels, of which 1 trillion have been extract...
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