Thursday, March 11, 2010

Peak Oil Ahead of Us or Behind Us?

Depending on who you listen to, Peak Oil has either occurred (2005 and 2008 are the competing years) or it is yet to occur. OPEC has been firmly in the 'yet to occur' camp, with many statements suggesting that it will be a very long time before we need to be concerned. Not so fast my desert dwelling cousins. Not so fast.

The petroleum professors over at Kuwait University have written about a

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