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Global 'Oil Shock' Rattles World Stock Markets

The purveyors of the "Peak Oil Theory" have been wrong for years and are still wrong. The fact is that known reserves have increased faster than usage and continue to due so. The production graph says it all. From 1900 through the present it predicts that production would decelerate while in actuality production has accelerated. The prediction line is almost the mirror image of the production line. How much more wrong can you get?