Is The World Supply Of Oil & Gas Peaking?

Peak Oil is when the extraction rate of petroleum reaches its maximum and can no longer meet demand.

I read a great speech on Peak Oil today by Mathew Simmons, one of the world’s leading experts on investing in the oil industry. He suggests the peak is 1 – 9 years away. Details below:

References

[tags]Peak Oil, Mathew Simmons[/tags]

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