Tuesday, November 13, 2007

Peak oil: BP, Conoco and IEA all say it's there

11.11.07
After the CEO of Total (the French oil major) last week, two more CEOs of an oil major came out this Thursday to give stark warnings that mean that peak oil is happening right now. In addition, the chief economist of the International Energy Agency (the IEA), one of the main cheerleaders of the "there's more than enough oil" camp until now, is giving an extraordinarily pessimistic interview in the Financial Times, following the recent publication of their latest
http://energybulletin.net/37000.html

No comments: