UK to face 1970s style oil shock
“Fossil fuels now the costly, high-risk option for energy”..
“Fossil fuels now the costly, high-risk option for energy”..
Perhaps not..
Look at the oil price gyrating…
This is not good news..
If it’s not one thing, it’s another..
After shale gas, now shale oil..
Something will have to give…
Another take. The IEA officially called 2006 as the peak in production, but it’s not only total production that matters, but how much is available for exports..
Seems so, but jury still out..