Is Peak Oil a Myth?
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Contrary to alarmists’ pronouncements, the world is not running out of oil soon. A lot of reserves are still intact, though difficult to tap - no thanks to geopolitics, more than geology.
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And when countries become the corporations, it is even a bigger and savvier business.
Tough oil is indeed a finite resource that will surely, eventually dry up, we are just at the moment a captive, sometimes willing, audience of a grand PR campaign that oil is running out pretty soon.
Good business move and excellent marketing communications on their part, actually. They are piggybacking on the current alarmist trend.
But if you ask those that started the idea that the world’s oil is all drying up soon, I bet they’ll just regard anything that calls their bluff as just another conspiracy theory.
For them, the perpetuation of this myth is nothing but sleek business acumen.