Torygraph & Citigroup start to wake-up to peak oil

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Stonehead
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Torygraph & Citigroup start to wake-up to peak oil

Post: #266132 Stonehead
Wed Sep 05, 2012 4:16 pm

I was quite surprised when Stumbleupon found this in the Torygraph:

http://blogs.telegraph.co.uk/finance/am ... -dries-up/

Eighteen years more Saudi oil according to them. And then what?
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Re: Torygraph & Citigroup start to wake-up to peak oil

Post: #266139 The Riff-Raff Element
Wed Sep 05, 2012 5:11 pm

Also interesting that arch-capitalist (and slightly odd) Ambrose Evans-Pritchard is now basically saying that shale oil is a stop gap rather than an answer.

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Re: Torygraph & Citigroup start to wake-up to peak oil

Post: #266154 gdb
Wed Sep 05, 2012 8:50 pm

We need to use less and find alternatives.

But, then, some people were saying that in the late 1960's...
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