1 definition by bl00kz0r
The Hubbert peak theory, also known as peak oil, is an influential theory concerning the long-term rate of conventional oil and other fossil fuels production and depletion. It predicts that future world oil production will soon reach a peak and then rapidly decline.
"Peakoil is gonna f*ck up our society in the long run as our society runs on cheap and abundant oil"
"People who believe the Peakoil theory holds some truth are 'doomers' in the eyes of some people, while there is enough documentation that proves Peakoil is not 100% BS"
"People who believe the Peakoil theory holds some truth are 'doomers' in the eyes of some people, while there is enough documentation that proves Peakoil is not 100% BS"
by bl00kz0r May 14, 2007