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Politics : Actual left/right wing discussion -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (4802)	11/14/2006 11:44:36 PM
From: mistermj	Read Replies (1) \| Respond to of 10087

Leading Research Company Debunks Peak Oil Theory, Will Media Notice? The theory is ``misleading'' and based on incomplete data, according to today's report from Cambridge Energy. Worldwide oil production will rise by more than 50 percent to about 130 million barrels a day around 2030 before output plateaus, the report said. Yergin, the firm's founder, wrote ``The Prize,'' a Pulitzer-winning history of the oil industry. When global crude output begins to fall around 2050, the decline probably will be gradual, giving policy makers, industry and energy producers time to develop new alternatives to petroleum-based fuels, the report said. newsbusters.org