Wednesday, March 07, 2007

Peak Oil Questioned...

Via Instapundit - Tim Blair quoting the New York Times:

There is still a minority view, held largely by a small band of retired petroleum geologists and some members of Congress, that oil production has peaked, but the theory has been fading.
It's good news though perhaps not so much for the neo-Malthusians who have one less argument with which to attempt shaming us with. The article points to new technology and reserves that were previously too expensive to reach.

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