Energy Net
As oil crosses $100 on its way south, not even a hurricane in the Gulf of Mexico and a statement from OPEC that the cartel will cut production by over 500,000 barrels per day seems capable of halting the bloodletting. In response, the Financial Post features an article titled “Peak Oil peak,” quoting this writer out of context; compare this with my commentary, which was the source of the quote).
Wasn’t the price of oil supposed to rise endlessly? Wasn’t the world supposed to end by now? What happened? What does it all mean?
energy energy.news oil peakoil
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