Believe in Peak Oil?
Well, Exxon believes in peak oil.
Add them to the list of Shell, BP, and Chevron that I know about.
Pretty good semi-technical article from The Bulletin of Atomic Scientists. It only publishes once a month, but there's usually a few pretty good articles.
Without any press conferences, grand announcements, or hyperbolic advertising campaigns, the Exxon Mobil Corporation, one of the world's largest publicly owned petroleum companies, has quietly joined the ranks of those who are predicting an impending plateau in non-OPEC oil production. Their report, The Outlook for Energy: A 2030 View, forecasts a peak in just five years.
Add them to the list of Shell, BP, and Chevron that I know about.
Pretty good semi-technical article from The Bulletin of Atomic Scientists. It only publishes once a month, but there's usually a few pretty good articles.
posted by mikevotes at
6:00 PM
1 Comments:
I don't doubt we'll peak and run out at some point. My only comment would be that I've been hearing this line, or something very similar since the late 1970's. So, naturally, I'm suspicious of timelines, regardless of source. New technologies keep altering the reality of "how much is out there"
Love the blog; keep it up!
Wild Bill
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Anonymous, at 9:03 PM
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