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Why is everything running out at the same time?
The concept of peak oil, where the inaccessibility of remaining deposits ensures that extraction rates start an irreversible decline, has been the subject of regular debate for decades. Although that argument still hasn't been settled—estimates range from the peak already having passed us to its arrival being 30 years in the future—having a better sense of when we're likely to hit it could prove invaluable when it comes to planning our energy economy.
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