Peak Oil Update

The following graph suggests that Peak Oil did occur around 2005.  Even though there is not much said about it, the issue still remains.  Fracking is only pulling what oil exists out of the ground faster and at a much higher cost.

This entry was posted on Wednesday, April 2nd, 2014 at 8:08 am and is filed under Biblical Economics & Money. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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