Peaking of World Oil Production: Impacts, Mitigation, & Risk Management Audel Technical Trades The Shattered Lens

The Shattered Lens

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Drew Permut

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Peaking of World Oil Production: Impacts, Mitigation, & Risk Management Audel Technical Trades The Shattered LensThe peaking of world oil production presents the U. S. and the world with an unprecedented risk management problem. As peaking is approached, liquid fuel prices and price volatility will increase dramatically, and, without timely mitigation, the economic, social, and political costs will be unprecedented. Viable mitigation options exist on both the supply and demand sides, but to have substantial impact, they must be initiated more than a decade in