PEAK makes peak motor oil, they are known for their antifreeze products before they launched their motor oil line. It's apparently already sponsored the IndyCar when it was first launched in 2007, and is being called "premium motor oil".
PEAK makes peak motor oil, they are known for their antifreeze products before they launched their motor oil line. It's apparently already sponsored the IndyCar when it was first launched in 2007, and is being called "premium motor oil".
Old World Industries: Old World Industries is just the name of the company and they do not refine oil. Their oil is refined by different companies at different times. Who refines their oil as of 4/2013 is anyone guess.
The definition of peak oil, depending on who you ask, is slightly different; some say it is the last point when our demand for fossil fuels is met by oil production, while others define it as the time when maximum global oil production is reached, and declines hereafter. Regardless of semantics, the theory of peak oil basically states that at our current, rapidly expanding rate of oil consumption, we will reach a point in time when oil production will no longer meet our needs. Those who believe in peak oil theory will state that, either we are approaching peak oil (in the next 10, 15, or 20 years), or we are already at the point of peak oil. After the point of peak oil, because supply is not meeting demand, there will be accelerated hikes in gas prices (and since most food and product manufacturing requires oil), there will be hyperinflation in the economy.
After hundreds of hours reading, it would seem that we have likely already had the peak in production of oil in 2006
The world's peak oil-producing years are projected to be coming in the years 2020-2030, or earlier.
the up and down
Peak oil is the theory that there is some point at which the production of oil can no longer expand, and will instead begin to contract. This is a very controversial theory, and some experts believe we have reached or will reach it soon. It presumes however that there are no other places from which oil is developed which we have not already found, but may discover later. If peak oil has been reached, then the supply of oil across the globe can be expected to begin declining. Again, this is one of many theories concerning oil currently.
The oil industry in Oklahoma, to be specific. In 1983, the year after its peak, why did the industry collapse?
mobil makes the oil
Ashland makes the oil to Kubota spec
The largest oil reserve which constitutes about 1/3 of the worlds oil in Saudi Arabia peaks in 2008. It is very difficult to quantify if it has or hasn't on a global scale, as many nations have passed peak oil, many haven't, and a few aren't saying how much they have. Add to that there is chance for future prospecting (although discoveries have slumped heavily)
Carquest oil is manufactured by Ashland lubricants. Ashland also makes oil for Valvoline.