November 1, 2008

THERE WILL BE PEAKS IN THE VALLEY:

Oil reserve expert claims world faces ‘oversupply of energy’ problem (Chris Stanton, November 01. 2008, The National)

The world now faces an oversupply, not a shortage of energy, and a peak in oil production is out of sight, according to Nansen Saleri, an oil reserve expert who will bring the contentious peak oil debate to Abu Dhabi this week.

“There’s plenty of energy sources,” he said. “We don’t have an energy shortage problem, we have an energy allocation problem.”

Posted by Orrin Judd at November 1, 2008 5:44 PM
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