Day: February 11, 2007

Comments on the Discussion Draft Report of the City of Portland Peak Oil Task Force

John A. Charles, Jr.Speculation about “peak oil” is an intellectual fad that has been fashionable at various times throughout the past 120 years. Recently it has seized the spotlight again, and the Portland Peak Oil Task Force Report states that, “many experts predict global oil production will peak within five years, and few anticipate a peak later than 2020.”

This forecast is likely to be wrong, just as all previous forecasts of (more…)

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