Hirsch Report: DOE on Peak Oil 2005

What our government knows by Alternative Energy Association (Robert C. Hackney)

"In 2005, the US Department of Energy published a report titled “Peaking of
World Oil Production: Impacts, Mitigation, & Risk Management.”

Known as the Hirsch report, it stated,'The 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 advance of peaking.'

The Hirsch Report is the scariest 91 pages you will ever read, and it’s not fiction. According to the Hirsch Report, world oil peaking is going to happen, and will likely be abrupt and revolutionary...."

PDF of Full Report HIRSCH REPORT 2005