The problem with “Peak Oil” from an economist’s point of view

Michael Giberson The National Geographic Daily News blog cites a new International Energy Agency report that pins 2006 as the year in which oil production rates attained a pace that will not be again matched. Or, in other words, 2006 was the year of “Peak Oil.”  That projection is just one scenario of several looked … More The problem with “Peak Oil” from an economist’s point of view