The story is given a boost by wikilieaks publicity, which is good but tardy journalism. This story has been public but suppressed for years. The reasons for the suppression of the story of peak oil are not presented here.
Saudi injection of water underground in old fields to boost oil flow have been reported to be only pushing up the water that is now injected. The move to alternative energy, to cope with peak oil and climate change, has been opposed by capitalists who wish to stuff their pockets selling the last drops of ancient sunlight. The reality of peak oil appears to have been recognized by Cheney and his secret cabal of oil executives who advocated for the Iraq war to control that oil in ... More »
Jeremy Leggett, convenor of the UK Industry Taskforce on Peak Oil and Energy Security, said: “We are asleep at the wheel here: choosing to ignore a threat to the ...