Page added on October 1, 2008
Author who predicted oil price of $200 a barrel to address forum tonight
ALBANY
Leeb does not hide his feelings about peak oil, the theory that the world has hit the zenith of oil production worldwide, which would spark a global economic crisis as demand starts to outstrip supply.
“You need a solution or else the world is going to be in desperate straits,” Leeb said.
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