Monday, 25 January 2016

THE MYTH OF PEAK OIL

This piece from Roger Helmer MEP's excellent blog looks at the idea that oil will soon reach peak production and then become increasingly scarce leading to continuous price increase. This theory of "peak oil" has been speculated for a long time and is what the government were relying on to make renewable energy seem affordable. The reality now seems rather different as can be read in the linked article.


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