"History is a wonderful thing, if only it was true"
-Tolstoy

Tuesday, February 16, 2010

More on "Peak Oil"

OK, so how long will oil last?

Saudi Arabia Says Peak Demand for Oil Is an ‘Alarm’ (Update2) - BusinessWeek:

"Oil demand in some developed industrialized nations is contracting, partly as a result of the economic slowdown. Those concerns are different from “peak oil” theorists who say oil production has already reached maximum levels and will inevitably decline."

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