The threat of peak oil is medium, there is about a 64 year supply of liquid oil left.
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Peak oil is the point in time when the maximum rate of global petroleumextraction is reached, after which the rate of production enters terminal decline.
A Doomer is a peakist (one who has peak oil related concerns that oil depletion will lead to a severe economic recession or another Great Depression) that also believes that a Malthusian Catastrophe will inevitably follow.
Doomers attribute their beliefs to humanity's over reliance on petroleum for agricultural and industrial productivity. Many doomers are also survivalists
At our current rate of use, all of the liquid oil will be gone in about 64 years.