Thursday, June 24, 2010

Peak oil postponed again

This is good news:

Peak oil postponed again – Telegraph Blogs: "So there is plenty of oil and gas after all. Prices will bumble along gently until well into the next decade. We are becoming more efficient in our use of energy, with 3pc extra savings annually. That is a faster pace than the rising real cost of fuel. Mankind will not run out of fuel for a very long time."

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