Good article if you’re interested in the subject. Read it here.
I always find the money view on energy insightful so here it is in Forbes.
And in the WSJ the view that The World has Plenty of Oil.
“Peak Oil Solved” - Joseph Romm in Salon
March 28, 2008 · 2 Comments
Categories: Energy · environment · global warming · oil
Tagged: Energy, global warming, oil
2 responses so far ↓
eyegillian // March 28, 2008 at 1:52 pm
A good mix of three views here… from what I can tell, oil shortages (rumoured or real) will keep the market tight and the price high. So oil producers — as long as they can make their reserves last — are sitting on a bonanza. The Forbes story says, “Oil now accounts for 95% of transportation energy” and demand is going up 1.5 million barrels a day. The last thing they want is for people to start panicking and find ways to stop relying on oil.
naturallyinteresting // March 29, 2008 at 3:58 pm
There are so many factors affecting oil prices, sometimes I don’t think anyone really knows what is going to happen in the future.
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