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Daily Archives: May 18th, 2008

Predicting Oil Prices, Part Two

18-May-08

Tom Whipple, who knows a thing or two about Peak Oil, says that the U.S. might just encounter the first real crisis of the oil depletion age before the year is out. I agree.
Production peaked in 2006; this is the year we really start to feel it.

The crisis at first will be one of spiraling [...]