Saturday, January 31, 2015

"What Will 2015 Do for Peak Oil?"

With low oil prices and record production, oil cornucopians are smugly proclaiming peak oil has been disproved forever. But Ron Patterson writes in
"What Will 2015 Do for Peak Oil?" that "[A]n oil glut is exactly what we would expect at the very peak. After all, that is what peak oil is, that is the point in time when the world produces more oil than ever in history… and the most it ever will produce."




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