peak oil crisis                                                                   peak oil

 

 

 

DURING a previous oil price crisis in the United States, a jovial service station attendant may have remarked to customers that "We've run out of $2 gas, but we've got plenty of $5 gas". Attendants on the trading floors might today observe that we've got plenty of $80 (US) barrels, but we're running short of $50 barrels.............

 

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