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Peak oil postponed again

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Peak oil postponed again


Business | 206767 hits | Jun 24 5:00 pm | Posted by: commanderkai
1 Comment

So there is plenty of oil and gas after all. Prices will bumble along gently until well into the next decade. We are becoming more efficient in our use of energy, with 3pc extra savings annually. That is a faster pace than the rising real cost of fuel. Ma

Comments

  1. by avatar Dragom
    Fri Jun 25, 2010 1:37 am
    Oh ya, Apparently it was proved in the 70's that the US could out save barrels of oil faster then the middle east could drill them. What happened to that?



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