Web article from 'The Market Oracle' about peak oil.

Feb 23, 2008 16:37

Energy Sector Peak Oil Trends Paint “A Very Alarming Picture”

Excerpts:
The concept of 'peak oil' has been derided by the big oil companies for years, but last week the chief executive of the oil giant Royal Dutch Shell, Jeroen van der Veer, released a study forecasting the end of easy oil. Dr. Jim Buckee, retired president and chief executive of ( Read more... )

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evilref February 24 2008, 09:28:18 UTC
The concept of 'peak oil' has been derided by the big oil companies for years...

The concept of 'peak oil' may have been publically derided, but privately they have accepted it for years. You need to speak to more oil company employees.

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