
ARE We Out of Gas Yet?
Date: Sunday, February 29 @ 20:09:51 PST Topic: Public Policy; Political and Legal News
Ronald Bailey questions David Goodstein, Colin Campbell and others in his refreshingly opptimistic article on peak oil.
Lynch's new [pdf] study "The New Pessimism about Petroleum Resources," pokes holes in forecasts of imminent oil doom. Lynch points out that the supply of oil is determined not only by geologic factors, but also by political, economic, and technological ones.
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