Re:Peak Oil (Score 1)

Remember, Peak Oil is a theory. Another theory is that of Abiotic Oil production, which essentially states that oil (or any petroleum) is not a "Fossil Fuel".

For the past 100 years or so, we've all been taught the rather simplistic idea that dinosaurs died and created oil deposits. There is a distinct possibility that is just fantasy.

The theory of Abiotic Oil states that oil is produced as a geological process - not a biological one. In fact, Russia (where the theory originated) has been using this theory successfully for several decades to predict where to search for new oil deposits.

Who knows? Perhaps its some of both... but the point is do not buy wholesale into the latest fad theory.