Oil Expert To Address Theory That Peak Oil Has Arrived
Posted by MSch Thu, 24 Nov 2005 14:25:00 GMT
Oil Expert To Address Theory That Peak Oil Has Arrived from PhysOrg.com
Princeton University emeritus professor and renowned oil analyst Ken Deffeyes thinks that the all-time production peak for petroleum, or “peak oil,” will occur on or around this Thanksgiving.
According to the article the professor already correctly predicted the US Oil Peak in 1970, so there might be some truth to it, but as the Austrian cabaret artist Josef Hader says: “I can’t stand all the people that rant about people more than 100m away.”
