Only These Three Things Can Halt Oil's Advance [View article]
One thing that seems to have gotten lost in last couple years is the trillion barrels of OIL in Colorado mountains that are buried within the rocks. As I recall, CVX was given the rights to extract those OIL. The estimates were the extraction process would become profitable at $100/barrel. So, as it stands, without killing off nature in Prudho bay, US has the largest known reserve in the world.
you sound like those people predicting housing price will never fall because you can't create new land. It does not matter if the world runs out of OIL tomorrow, people will only be able to pay what they are capable of paying.
Peak Oil's Bell Is Ringing [View article]
These is utterly false. Just ask the Russians.
Only These Three Things Can Halt Oil's Advance [View article]
We're Nearing Crunch Time for Oil [View article]