Where Have All the Peak Oil Believers Gone? [View article]
Peak oil is now... Production declined again last month. We arn't likely ever to get above 87mb/d. The IEA now say that global decline rates are as much as 9% this means we need 2 Saudi Arabias of new production every 3 years just to stay flat.... This is a once in a lifetime opportunity to buy stocks like SU and PBR cheap...
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Peak oil is now... Production declined again last month. We arn't likely ever to get above 87mb/d. The IEA now say that global decline rates are as much as 9% this means we need 2 Saudi Arabias of new production every 3 years just to stay flat.... This is a once in a lifetime opportunity to buy stocks like SU and PBR cheap...
Nov 01 14:26 pm
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