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26 August 2009

Peak Oil Theory...Is A False Alarm.

NYTIMES OP-ED BY MICHAEL LYNCH.

Peak oil theory posits that "...geological scarcity will at some point make it impossible for global petroleum production to avoid falling, heralding the end of the oil age and, potentially, economic catastrophe."

It"...has been promoted by a motivated group of scientists and laymen who base their conclusions on poor analyses of data and misinterpretations of technical material."
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Labels: Michael Lynch, peak oil theory
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