Tipping Point: Near-Term Systemic Implications of a Peak in Global Oil Production - Part 1 - Summary

This summary of a report by two organizations was posted on The Oil Drum by Gail Tvrberg. 

We have passed or are close to passing the peak of global oil production. Our civilisation is structurally unstable to an energy withdrawal. There is a high probability that our integrated and globalised civilisation is on the cusp of a fast and near-term collapse.