Is peak oil a myth?

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A lot has been said about "peak oil," but here is a good place to start your own research into the subject--an article in Research Penn State: http://www.rps.psu.edu/probing/peakoil.html

"Peak oil, economists say, is the point at which oil production maxes out: the easily available reserves are gone, and the cost of extracting and refining the remaining stuff exceeds the price it fetches on the open market. After the peak, the theory goes, production starts to fall."
Read on for more!

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