The cost of blunting peak oil

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The cost of blunting peak oil
SmartPlanet.com (blog)
By Mark Halper | April 3, 2012, 12:41 PM PDT The notion of “peak oil” says that the world’s rate of oil production will hit a permanent decline, if it hasn’t already. It’s one compelling reason why we’re supposed to pursue alternative fuel sources,
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Gulf in Oil Prices May Set Up Market for a Fall
Wall Street Journal
The theory of “peak oil“—that world oil production has topped and supply is steadily depleting— helped push the price of Brent crude to a record $147.50 a barrel in 2008. But many have abandoned the theory, as new technology, such as hydraulic
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