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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (92285)7/7/2012 12:43:33 PM
From: bart133 Recommendations  Read Replies (4) | Respond to of 218145
 
We pretty much hit peak "conventional" oil as Hubbert predicted, but he never addressed anything unconventional like shale or tar sands.

I switched over to the concept of "peak cheap oil" in about 2006 when EJ at iTulip conceived it. The unconventional oil sources are far costlier to deliver per BTU in general, marginal costs per barrel these days being at least $85/bbl best I can tell.


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