Report: 'World at peak oil output' - CNN.com

Report: 'World at peak oil output' - CNN.com: "LONDON, England (CNN) -- The world has reached the point of maximum oil output and production levels will halve by 2030 -- a situation that will eventually lead to war and disaster, a report claims. The German-based Energy Watch Group released a report Tuesday saying the world's oil production peaked in 2006 and from now on will drop by around 3 percent a year. It says that by as early as 2030, the global availability of oil will be half of what it was at its peak. 'It's a very serious result,' said Hans-Josef Fell, a German lawmaker from the environmentalist Green Party who commissioned the report. 'I fear the world will come into a big economic crisis in the coming years.' The report warns that coal, uranium, and other key fossil fuels are also in declining supply. It predicts the fall in fossil fuel production will bring with it the threat of war, humanitarian disaster, and general social unrest."