There has been much debate recently about whether Peak Oil is relevant or even exists in the current climate of falling oil prices.
Our very own Chairperson, Chris Rhodes, was asked by Transition HQ to be the “Transition Agony Aunt” and respond to this issue, you can see his response here. Chris describes the current reason for the falling price, and foresees that it is likely to be a small blip before prices rise again.
A more detailed article on the same issue was also published by Chris on the Resilience.org website.
Thanks for clearing this up Chris!