Peak Oil Fears and Hype

September 2006
Journal of Financial Planning;Sep2006, Vol. 19 Issue 9, p38
Academic Journal
This article talks about the pessimism that accompanies talk about the future of the oil industry. Because an oil-peak was correctly predicted to happen in the 1970s, many economists and scientists have brought out more and more theories about the end of oil. The author acknowledges that this is a cause for concern, he thinks that all the gloom and doom that is so prevalent today does not represent the ability of technology to help overcome these difficulties. Other researchers have been able to see through the problem and are exploring new ways to address the problem through new technologies.


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