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extraction limit

The Real Oil Extraction Limit, and How It Affects the Downslope

December 20, 2013 by Gail Tverberg

Extraction Limits

There is a lot of confusion about which limit we are reaching with respect to oil supply. There seems to be a huge amount of “reserves,” and oil production seems to be increasing right now, so people can’t imagine that there might be a near term problem.[read more]