Wednesday, May 28, 2008

Peak Oil: An Idea Whose Time Is Up


Analysts have found that investors spooked by the peak oil theory — the belief that crude production has topped out and is in decline — are partly behind the soaring oil prices. Someone should set them straight.

There's no reason for investors to act as if the world is running out of oil. It isn't.

http://www.ibdeditorials.com/IBDArticles.aspx?id=296867272526661

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