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A place where liberal politics and yachting collided
On Sun, 18 Jul 2004 22:48:57 +1000, Peter Wiley wrote:
Ya know, I have 20 years of Mother Earth News magazines. The 'experts' used to say exactly the same thing. Back in the 1970's. And that makes them wrong? Hubbert predicted, in 1956, that US production would peak in 1970. He was scoffed at then, but looking back, that is when US oil production peaked. Since 1984, new oil discoveries have failed to replace oil production. Demand is constantly increasing, especially in Third World countries such as China and India. And, this country still does not have a comprehensive energy policy. You may think oil supplies are infinite, but they are not. Peak oil will be sooner, not later. |