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Originally Posted by dready
If you read the OPEC monthly reports, you would see that I am not joking. The August issue shows that production of sweet crude oil is in decline.
Also recently announced was that major oil companies (non-OPEC) have already peaked. ( Source)
Call it a joke all you want. The problem is real. |
All these reports and sources assume that NO NEW EXPLORATION WILL TAKE PLACE, only existing pockets and known sources being tapped and extracted. Its liberal treefuckers that stop new exploration in obvious places.