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What happens if oil output 'peaks'?

What happens if oil output ‘peaks’?

With oil prices breaking $60 a barrel, our story last week on a new book questioning OPECs ability to keep the world supplied with crude drew a heavy response from Answer Desk readers. Many, like Ray in Los Angeles, fear that coming oil shortages could bring “the end of life as we know it.” We agree. But that doesn’t have to be a bad thing.

A fairly positive mainstream acknowledgment of peak oil


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