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Big Oil, Big Discoveries
BP has reopened the debate on when the “peak oil” supply will be reached by announcing a big new discovery in the Gulf of Mexico which some believe could be as large as the Forties, the biggest field ever found in the North Sea. The strike comes days after Iran unveiled an even larger find of 8.8bn barrels of crude oil, and the moves have encouraged sceptics of theories which say that peak production has been reached, or soon will be, to hail a new golden age of exploration and supply.
Terry Macalister, The Guardian, 2 September 2009
September 5th, 2009 at 11:12 pm
Hello Paul
I have written an article about oil and Co2. It has just been published on BrookesNews at http://brookesnews.com/093108co2oil.html. It had one small typo — the word “to” was omitted from the phrase “and urge him or her repeal the Emissions Trading Scheme”
If you would like to publish it, please correct the error and go right ahead.
Sincerely
Peter J. Morgan
September 6th, 2009 at 4:17 am
Many thanks – will do.
September 6th, 2009 at 4:56 am
Thinking about it , the earth existed many millions of years with forests etc— and yet we can burn through the coal, oil, ( fossil fuels ) within a few hundred years?
I would agree at some stage we need to change from fossil to nuclear or fusion— but not just yet