Wednesday, 29 August 2012

Peak cheap oil is an incontrovertible fact

"If the looming global oil crunch has been postponed for another decade or two as widely alleged, this is far from obvious in today's commodity markets."

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9500667/Peak-cheap-oil-is-an-incontrovertible-fact.html

/ peak oil fossil fuel petroleum reserves Brent crude $115 barrel last week. Petrol cost Germany  Europe record levels local currencies US dollar /

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