I hear so many people saying they are prepping for this and prepping for that, but so far, no one has ever told me they are preparing for peak oil.
Peak oil is when global oil supplies reach a peak. Once oil supplies reach this peak, oil supplies will decrease and never rise again. Demand for oil will be higher than ability to supply it as oil supplies diminish. With so many developing nations catching up to the western world, the demand for oil world wide is increasing. Sure, some nations have their own oil supplies but this is a global crisis, not a national one. If you think that because the US has enough oil now due to hydraulic fracturing or fracking etc, think again! Once China, India and other countries buy up and use all the oil in the Middle East etc, things are going to get difficult for all of us.
To read more about peak oil and preparing for life in a peak oil world, check out the post below.