Thursday, January 09, 2014

Peak Oil Is Dead, Long Live Peak Oil! | Common Dreams

Peak Oil Is Dead, Long Live Peak Oil! | Common Dreams

Among the big energy stories of 2013, “peak oil” -- the once-popular notion that worldwide oil production would soon reach a maximum level and begin an irreversible decline -- was thoroughly discredited. The explosive development of shale oil and other unconventional fuels in the United States helped put it in its grave.

Peak oil may or may not be dead, but cheap oil is ;)

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