Peak Oil Hong Kong - An ASPO affiliate

Welcome to Peak Oil Hong Kong

This site is focused on Peak Oil implications for Hong Kong.

Why is Peak Oil Important?

Oil is a critically important resource to mankind; one that has powered phenomenal economic and population growth over the last 150 years. 

Everyday, businesses, governments and households make decisions based on the assumption that oil will be cheap and plentiful forever.  However, powerful evidence is emerging to suggest otherwise.

Peak Oil refers to the fact that after a certain point in time, the global level of oil production will inevitably go into decline.  The concept of Peak Oil is agreed, there is only difference over the timing of when it will happen.

Peak oil does not mean we will 'run out of oil from one day to the next' - it means that we will have ever declining amounts available at ever higher prices with increasing instability of supply.

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