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Oil Rush in America

2014-09-07 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

TomDispatch: Whatever you may imagine, peak oil has not been discredited as a concept, a statement no less true for peak fossil fuels. Think of them instead as postponed. We are, after all, on a finite planet that, by definition, holds a finite amount of oil, natural gas, and coal. Sooner or later, as such deposits get used up (no matter the new techniques that might be invented to extract more of the ever tougher stuff from the earth), we will reach a peak of production from which it will be all downhill....

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