Between Fossil Fools and Peak-Oil Prophets

There’s a fine line between fools and prophets. Talisman Energy CEO Jim Buckee treads it boldly, and his recent Peak Oil proclamation is certain to ruffle some feathers.

“I think it’s fair to say the era of cheap energy is over,” Buckee told his company’s annual conference last week. And he should know.


From his office in Calgary, Alberta, Dr. Buckee (who holds a Ph.D. in astrophysics from Oxford) oversees his company’s operations on five continents.

From Vietnam to Scotland to Trinidad and back home to Canada, he’s got a bird’s eye view of the international oil industry. Though his calls might not always be popular, the market has rewarded Talisman (NYSE:TLM) for Buckee’s big ones.

Energy and Capital