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Experts Split on Peak Oil

Posted on July 27, 2008

Per a story in today's Austin American Statesman:Is oil at its peak? Experts splitA sampling of the opinions cited:'As much as you're uncomfortable with today's oil prices, these are going to be the good old days. We're talking about pain here that is unimaginable. There's no question in my mind that we're likely to see oil production go into decline somewhere between 2010 and 2012.'Robert Hirsch, oil expert and author of the Hirsch Report'For the past three years, global oil production has remained constant at roughly 85 million barrels per day. OPEC production has remained largely flat while...

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