peak oil crisis                                                                   peak oil

 

 

 

Like I mention in Tuesday's Energy and Capital, since 1859, we have consumed 1.5 trillion barrels of oil. And with our forecasted rate of consumption, it will take only 20 years to consume another 1.5 trillion. In the past two years alone we've consumed over 60 billion barrels of oil-and that rate's about to take off.............

 

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