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Massive Global Car Growth To Crash Into Peak Oil

Massive Global Car Growth To Crash Into Peak Oil

The end of the fossil fuel era may end with a whimper, not a bang -- just with lines for gasoline that are too long. Consider these two pieces of unsettling data:

(1) The number of cars on the road globally will hit 1 billion by 2011.

(2) The world's oil will peak by 2015, according to the CEO of Shell.