Al Gore: we're at or near peak oil
KING: Gas prices -- we've only got a minute left.
KING: Gas prices going to go down?
GORE: Well, I've seen a number of -- over the last several decades I've seen this happen several times, where they spike and then they do come back down.
But each time they go to a higher plateau. We almost certainly are at or near what they call peak oil, defined as having recovered a majority of the oil reserves at a certain price, affordability range. And so with the new pressure on the consumption side from China and India, if they come back down, they won't stay down long.
What do you think? Leave a comment below. See our commenting guidelines.
Sign up for regular Resilience bulletins direct to your email.