Re: The "Peak Oil" Fraud - An Industry Publication.
This is second hand info, so...
An acquaintance of mine has a friend of the family that works for a major oil company, believe she said Exxon. Anyway, this employee says the amount of oil in the Gulf of Mexico is just huge. The recent discovery of oil that was in the news recently is just the tip of the iceberg. He feels the cost of a barrel of oil will be falling into the $20’s in the future. I cant see the oil companies letting that happen, but it sure would be nice.
Time to get a Hummer!
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