A very important point concerning peak oil is included in this artical. The more efficiently they extract the oil now with new technologies means that the downside production slope will be much steeper.
I'm not reading any more of these; it's too depressing. There were some comments in our local paper last week about the increasing petrol prices and how the government needs to step in (and do what?) and this week there was a response from an astute guy explaining about the peak oil crisis. Sadly it probably went over everyone's heads.
![[info]](http://l-stat.livejournal.com/img/userinfo.gif){kind=small}
grautr's journal
