Wednesday, August 01, 2007

The Harsh Realities of Peak Oil



An introduction to Peak Oil and a summary of the publications so far. The picture is not included in the online version of the paper and so have added the same here. Readers need to remember that my predictions of $200 by 2010 was made in 2005 when Crude prices were $50.

3 Comments:

At 9:39 AM, Blogger Vetriselvan Natarajan said...

Sir do we(India) have any alternate way to avoid the import of oil or reduce?

I think i have read from one magazine that we have oil reserves in India but the quality will be very low. so we have to pay more than the import price to refine that oil now but if the price go upto $200 then we can take oil from our own fields.

 
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