Details for Why Peak Oil will never lead to $500/bbl Crude Oil
Property
Value
Name
Why Peak Oil will never lead to $500/bbl Crude Oil
Description
This article explores some commonly held views about the potential for extraordinary upside in crude oil prices as a result of Peak Oil, and why I believe they are misplaced. I concur that Peak Oil will cause a big run-up in crude oil prices, but government intervention will occur long before the numbers some pundits have predicted are reached.
