posted on Oct, 28 2009 @ 07:44 AM
Peak Oil is a myth that was cooked up by the folks that have a vested interest in pushing up the cost of crude. Just last month, some major geologists
came out and said that they now believe that crude is actually a by-product of chemical processes in the earth's core and that we'll never run
out.
Read for more info
Even IF (and that's a big "IF") oil was a finite-material, science is moving so quickly towards finding a sustainable replacement, that we will
probably not notice a thing were it to stop flowing. Google "crude from algae" for more info.
Of course, this is not something that the crude producers want people to know. If it were discovered that crude is easily replicated or in infinite
supply, can you imagine what would happen to the per-barrel prices?
[edit on 28-10-2009 by shrike071]