Energy Net
The concept of peak oil is not about running out of crude oil. It never has been. A Shell (OTO: RYDAF, Stock Forum) geologist (M. King Hubbert) in the '50s formulated, from his years of study of oil field production, his theory of Peak Oil. He predicted, accurately, that U.S. crude production would peak between 1965 and 1970.
The actual year was 1970. If you never again read anything else about peak oil, read this.
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