Monday, November 9, 2009

Seeing the light

Five Hundred Oil-Industry Geologists Vote on Peak Oil:

Guess What the Results Were
The theory of peak oil itself is fairly non-controversial. But saying that we're close to this absolutely peak in oil and gas production is still debated by very knowledgeable people on both sides. A few years ago, it seemed like the balance was tipped in the direction of the 'peak oil is not a problem for the near future' side, but lately, it seems like things might be going the other way. At the Petroleum Geology Conference in London, 500 geologists took a vote on wether "Peak oil is no longer a concern" (something that was argued by some of the speakers). The results were interesting.
Only about 1/3 of the votes supported that claim!

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