Does Peak Oil Really Matter?

Does it really matter that the United States has 2 trillion barrels worth of recoverable oil shale resting in the shadow of the Rockies? Not anytime soon it doesn’t.

Before you spit out your coffee, let me explain. (If I’m too late, I apologize.)

In terms of the long run – we’re talking decades here – Peak Oil is serious business. The same is true of that oil shale bonanza out in Colorado and Utah. Eventually, we might find the will and the way to tap it. But in the intermediate term… meaning the next five years or so… neither Peak Oil nor recoverable U.S. oil shale will have any real bearing on the energy landscape.

Please note that article is about half way down page.

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