Report Says World Now Past Peak Oil
24 10 2007Report: oil production peaked in ’06; will decline 3% annually. What we have is a major divergence of views; in a couple of years it should be clear who was right.
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Obviously the idiot that put out this story didn’t research their supposed facts! Here in Alaska BP and Conoco have scalled back output because they are doing maint and want the price to stay high. Also they can’t explore or develope more fields because the Green Peace folks have blocked attempts to open new area’s that have oil!