Wednesday, December 12, 2007

[Cyclelicious] New comment on Economist says 'Don't worry, be happy'.

Fritz has left a new comment on your post "Economist says 'Don't worry, be happy'":

Yep. U.S. peak production was in the early 70s, but then foreign production came online and made up the difference. This seemingly discredited the "Peak Oil Theory" to many many people. We'll always find more!

Maybe we will. Oil companies continue scouring the world for new fields, but the returns our diminishing.

Posted by Fritz to Cyclelicious at 12/12/2007 02:57:00 PM