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Shelby, MT | Not as of yet. Like all prediction, it only comes from existing data and cannot account for future data. Likely peak oil isn't the issue as much as demand. We could still keep finding and adding reserve but demand out strips supply with population growth and consumption. I read Shell Oil is making peak oil statements, maybe for them or overall, I am not sure. It kinda is looking like the big 3-4 majors are following path of GM, GE and they need that excuse. | |
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