Category Archives: Environment

Michael Klare: Have the Obits for Peak Oil Come Too Soon?

Among the big energy stories of 2013, “peak oil” — the once-popular notion that worldwide oil production would soon reach a maximum level and begin an irreversible decline — was thoroughly discredited.  The explosive development of shale oil and other unconventional fuels in the United States helped put it in its grave.

But this assessment may be premature.

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