peak oil(redirected from Oil peak)
Also found in: Dictionary.
peak oilThe maximum in production of oil, the energy-rich, highly versatile and easily transportable fuel.
The impact of oil on healthcare is only recently being recognised. The healthcare conclusions in the report commissioned by leaders in Bristol (UK) are that oil is the primary raw material for many drugs, equipment and supplies; that transport of patients, staff, deliveries and service are heavily dependent on oil; that suppliers are not required to provide business continuity plans in the event of fuel shortages; and rising oil costs would seriously affect health service budgets.