Oil is running out.

3 Aug 2009

We've been predicting this for some time, but today The Independent headlines a statement from Dr Fatih Birol, the chief economist at the International Energy Agency. He says oil is running out much more quickly than predicted and may have serious implications for the economic recovery. Of course once it's gone, it's gone, and many would argue that we can never return to the economic model of constant growth. Things must change! It's becoming increasingly…

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