Oil Crisis? What Oil Crisis?
Dr. Peter McCabe, a world-renowned scientist who has spent over 30 years in geologic research related to fossil fuels in academia, industry and government, has made a bold claim that in his opinion, “There is no impending peak oil crisis – and the same thing goes for natural gas and coal.”
Dr. McCabe thinks that the “peak oil crisis” is a poorly thought-out concept, and has determined many ways to access more fossil fuel resources: “squeezing oil out of unconventional sources such as oil shales, to using new technologies to re-exploit old oil fields that had since been left as dead.”
Do you think McCabe’s hypothesis is justified? Or is there a looming oil crisis?
To read more environment-related news, please visit http://www.causecast.org/environment
For the full story, please visit http://gas2.org/2008/10/07/how-much-oil-is-actually-left-on-this-planet-should-we-care/ Photo / flickr/FreeWine
- Posted by CauseNews
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- 10.09.08
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- Go to original article
Related causes: Environment
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hmm everyone knows about extracting from oil shale or even coal, but that doesn't mean its a good idea environmentally.
just what exactly is the big problem with going clean? entrenched interests, not society's interest.
According to most scientists yes there IS a problem.