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Energy Insights: Energy News: How the history of oil becomes an argument over its future

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How the history of oil becomes an argument over its future


27-08-2009

How the history of oil becomes an argument over its future

by Kate Mackenzie

It’s 150 years since oil was first drilled. Do you…

a) Write a long piece for a respected periodical, reflecting on your Pulitzer-prize winning book, increased volatility and state-control of oil, and the folly of peak oil?

b) Run an oped by a well-known critic of peak oil, criticising peak oil?

c) Write an angry rebuttal of said oped, and let the debate unfold?

d) Invite the author of said oped to a long-term bet on oil prices settling at $40?

Answers:

a) Yes - if you are Daniel Yergin

b) Yes - if you are the New York Times/Michael Lynch

c) Yes - if you are The Oil Drum

d) Yes - if you are Joe Romm

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