What would happen if we were not able to produce enough oil to meet demand?

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For over 100 years we have relied on oil as a cheap, energy dense and portable form of power. Many advances such as plastics, ink, medicine, fertilizer, crayons, glass and tires are heavily dependent on cheap oil. There is only a finite supply of oil in the world, and demand is increasing as the third world industrializes.

What would happen if we were not able to produce enough oil to meet demand?
Carsort has put together an informative infographic on Peak Oil:

  • Look at oil consumption vs demand
  • Where oil comes from
  • What we use oil for
  • What is peak oil
  • Oil we have left as well as where we go from here

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