« A perfect circle? | Main | Real Life® cute animal action »

January 11, 2007

The new age of oil

An interesting article in Newsweek about the likely future of the oil industry, called What Lies Below.

Now doomsday forecasts are back, predicting the end of oil in this decade or the next. The verdict of the new catastrophists may appear more convincing because they use statistical and probability models that appear to penetrate the mysteries of our planet's subsoil. In fact, they do no such thing. In sum, what little is known about the world's underground resources justifies a positive view of the future.

Posted by joke du jour at January 11, 2007 09:02 PM

« A perfect circle? | Main | Real Life® cute animal action »

Trackback Pings

TrackBack URL for this entry:
http://crainium.net/ajw-mt/mt-tb.fcgi/1154

Comments

Post a comment




Remember Me?

(you may use HTML tags for style)

Send this to a friend

E-mail this entry to:


Your e-mail address:


Message (optional):