oldandslow
07-01-2008, 10:43 AM
New Scientist on "peak oil."
The money quote...
"So where does this leave us at a time when global oil production is approaching the point when it stops growing and starts to decline? Most industry experts, including geoscientists and economists, who were polled by Samid in 2007 said that peak production will occur by 2010. This contrasted with a similar survey conducted two years earlier, in which respondents were split, with many of the economists opting for a later date. "Now, a real consensus is emerging," says Samid."
The article is here...
http://www.tmcnet.com/usubmit/2008/06/27/3521248.htm
It is still pay only on New Scientist site.
The money quote...
"So where does this leave us at a time when global oil production is approaching the point when it stops growing and starts to decline? Most industry experts, including geoscientists and economists, who were polled by Samid in 2007 said that peak production will occur by 2010. This contrasted with a similar survey conducted two years earlier, in which respondents were split, with many of the economists opting for a later date. "Now, a real consensus is emerging," says Samid."
The article is here...
http://www.tmcnet.com/usubmit/2008/06/27/3521248.htm
It is still pay only on New Scientist site.