NAMI News
The latest trinational news.Wednesday, August 06, 2008
The Oil Shortage Myth.
Kiplinger, August 6, 2008 - “Warnings about running out of oil are overdone. It’s a useful sound bite for proponents of so-called peak oil, who don’t have the foggiest knowledge of petroleum geology. But they do have something to sell. Some oil trading fund managers, for instance, hope to spook other investors into bidding up prices, and neo-green activists advocate ending oil usage because it’s “dirty” and say we’ll run out soon anyway.” Read more.
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