YERGIN IN THE WSJ TODAY: ... The supply impact has been dramatic. In the lower 48, states thought to be in decline as a natural gas source, production surged an astonishing 15% from the beginning of 2007 to mid-2008.
Full Article at The Astute Blogger
Many investors have heard about peak oil, the theory that argues that at some point in this century, perhaps as early as 2020, global oil production will peak, setting off a period of scarce oil supplies, and large increases in the price of crude,...
Full Article at Blogging Stocks
Oct. 22 (Bloomberg) -- Crude oil fell from a one-year high on speculation that OPEC members will agree to increase production at a December meeting.
Full Article at Bloomberg.com
The world is running out of oil faster than society suspects, and last year's $4.11 gasoline spike was just a bitter hint of the future, according to a "peak oil" theory whose key proponents will gather in Denver this week.
Full Article at Energy Tribune
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