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Daily Archives: May 16th, 2008

CNN Fails Peak Oil Math Test

16-May-08

Another big news outfit forgets to check its math. (NY Times failed last month.)
CNN: Briefing: Oil

OPEC states that there were oil reserves of 1.1 trillion barrels in 2006, of which they control over three quarters. They predict that current stocks will last 81 years if consumption remained at 2006 levels — 76 million barrels [...]