What is Peak oil?
"The term Peak Oil refers to the maximum rate of the production of oil in any area under consideration, recognising that it is a finite natural resource, subject to depletion."
--Colin Campbell
Birol and IEA says Peak but not “Peak Oil”
Submitted by Mikael Höök on Sun, 2008-03-02 16:38.
In The Indepent on Sunday, March 2, 2008, Dr Fatih Birol, chief economist at the International Energy Agency, give his outside view about future oil: “We can't cling to crude: we should leave oil before it leaves us”. View the article from Independent here. »
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