“In an interview with The Independent, Dr Birol said that the public and many governments appeared to be oblivious to the fact that the oil on which modern civilisation depends is running out far faster than previously predicted and that global production is likely to peak in about 10 years – at least a decade earlier than most governments had estimated.” (The Independent, Monday)
Beware, another “crisis” is looming.
FEE Timely Classic
“We’re Running Out of Oil? It Just Ain’t So” by John Jennrich
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