Peek oil?

Nov. 14th, 2007 07:19 am
libertango: (Default)
[personal profile] libertango
I've long been persuaded of the idea that we are near the point of global peak oil production. That is, oil extraction tends to be in a bell curve, roughly symmetrical on each side of the peak -- you go down just about as fast as you went up.

By way of environmental magazine Grist's blog, though, come this pointer to a curious article in the Financial Times: "Opec to seek assurances on oil demand."

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