peak oil
noun/ˌpiːk ˈɔɪl/
/ˌpiːk ˈɔɪl/
[uncountable]- the point in time when world oil production reaches its highest rate, after which it goes into permanent decline
Want to learn more?
Find out which words work together and produce more natural sounding English with the Oxford Collocations Dictionary app.
Check pronunciation:
peak oil