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Talk:Directory:Peak Oil
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"Peak Oil" mostly hype; serves alt energy purposes
On April 10, 2008, New Energy Congress member, Sterling D. Allan wrote:
There has been too much hype regarding peak oil, propagated and encouraged by the oil barrons who reap proundly from the paranoia and hiked prices that result (and can be "justified" because of the perceived scarcity).
In truth, there are huge, barely tapped oil resources on the planet. Furthermore, renewables are going to be making a bigger and bigger dent in replacing the need for oil.
An upside of this "scarcity" mentality is a push toward renewables, which truly are abundant and inexhaustible.
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