"With high oil prices and the hottest new technique unable to move the needle on worldwide production of crude oil, we should look at Glen Sweetnam's chart with considerable concern. We should ask ourselves whether it is wise to base energy policy on the fantasies of industry and government forecasters. Perhaps we should focus instead on the trends and data we can verify and prepare ourselves and our economies for a world that may not have the copious amounts of oil that the industry is promising."
Kurt Cobb's evidence-based reply to the energy eldorado dreamers.
Via Willy De Backer