Proof Positive Peak Oil is Here

While being a bull on the oil market has been tough for much of the last year, I maintain that we are in a secular bull market in oil due in large part to one of the most significant economic events of the 21st century

Peak oil would be irrelevant if not for our continued and extreme thirst for it. Dr. Colin Campbell, petroleum geologist, is credited with quantifying that we find one barrel of oil for every four we consume and that the discovery of new oil reserves peaked in the 1960