The debate continues as to whether we've reached peak oil production. According to this post, it doesn't really matter for the environment since production continues to be artificially limited by OPEC, and maybe Big Oil, which inflates global oil prices-- Which thereby encourages investment and innovation in alternative fuel production.Â
Has peak oil been reached? Either way, it doesn't really matter for the environment.
Has peak oil been reached? Either way, it doesn't really matter for the environment.
(via forcechange.com)
Submitted by acorb99 on Sun, 2008-03-16 16:03. | Tags: business | alternative fuel | big oil