Peak Oil is You

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Page added on October 1, 2008

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Explaining ‘peak oil’ theory

Author who predicted oil price of $200 a barrel to address forum tonight


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.

Albany Times-Union

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