Let’s “hope and pray that Hirsch is wrong” about our oil supply

Summary:  The global recession might push back the arrival of peak oil for threee reasons. Less consumption now leaves more oil in the ground for future use. Less investment now in oil exploration and development means less consumption in the next few years (or decade). Alternative energy technology has more time to develop, reducing future … Continue reading Let’s “hope and pray that Hirsch is wrong” about our oil supply