Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, June 21, 2012

Is the 'Peak Oil' Idea Finally Dead?

Is the 'Peak Oil' Idea Finally Dead?

Roger Harrabin, BBC News
Since humans found that oil was better than coal for shifting vehicles, people have fretted over oil wells running dry. Bouts of anxiety are periodic. In the seventies a Shell geoscientist, M King Hubbert, sounded an alarm that supplies would peak by 1995 "if current trends continue. . ."

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