What does the "Peak Oil" theory suggest about petroleum?

The "Peak Oil" theory posits that global oil production will reach its maximum level at a certain point, after which it will begin to decline. This suggests that while there is a finite amount of petroleum available on Earth, we will eventually reach a peak in production that we cannot surpass. The theory highlights the reality that we are consuming petroleum at a rate that may ultimately lead to its depletion within our lifetimes, especially considering the growing demand and the limited nature of fossil fuel resources.

This perspective emphasizes the urgency for alternative energy sources and the need for sustainable practices, as reliance on petroleum without a shift to other forms of energy could lead to significant challenges once peak production is reached. Understanding that petroleum is not an infinite resource aligns with the insights derived from the "Peak Oil" theory, making the assertion about consuming all available petroleum in our lifetimes particularly relevant.