Saturday, August 29, 2009
PEAK OIL IS REAL
Take a look at this new information on peak oil. T. Boone Pickens looks to be right although it will take a little longer than expected. Going back to 2005 and annualizing production increases in conventional oil production to .9% per year. The article is by Doug Hornig and can be accessed at http://www.uranium-stocks.net/washington-capitulates-peak-oil-is-real/
Labels:
coal,
electricity,
energy,
gas,
liquified natural gas,
natural gas,
nuclear,
oil,
peak oil,
t. Boone Pickens,
uranium
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