OilDemand

The U.S. military thinks we're one step closer to peak oil, the point at which oil demand will forever outstrip oil supply, and therefore we're one step closer to fighting over the last rusting cans of gasoline like so many scraps of meat. On the plus side, we're also one step closer to finally ...

,A blessing in disguise? Greenhouse gas emissions are expected to drop in 2009 because we're collectively going to consume less oil. According to new estimates, the world's oil demand will drop by 1.5 percent this year compared to 2008, and last year was 0.4 percent lower than the year before. This ...