According to an eye-opening article in this Sunday's New York Times, Cretaceous period events may have yielded munificent reservoirs of oil. If so, the theory of Peak Oil has serious flaws.
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The future is just like the past, until, of course, it isn't. We aren't making more oil; we are, however, consuming more and more.
Clearly something is afoot in the attempt to quash any and all discussion of the "Abiotic Oil Theory."
Peak oil is the point at which worldwide oil production is reached. Once the oil supply peaks, petroleum extraction will decline, prices will increase...
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