Sunday, February 13, 2011

ExxonMobil blog entry disputes "peak oil"

Visitors may enjoy the perspective by Ken Cohen on ExxonMobil’s blog, disputing the popular stories about “peak oil”, which keep getting pushed farther into the future by new discoveries and more recovery.

Exxon must, of course, follow the politically correct track of encouraging the development of non-carbonaceous resources. But demand for oil keeps growing for the foreseeable future. At some point, something gives.

And then there is the debate on offshore drilling after last year’s BP catastrophe.

The link is here

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