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65 comments on All that's wrong with 'common wisdom' in one article
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65 comments on All that's wrong with 'common wisdom' in one article
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PeakUKCS Oil – false alarm, according to Auntie, we can stop worrying our pretty little heads and go back to sleep.
http://news.bbc.co.uk/1/hi/scotland/7435016.stm
>>The North Sea has almost as much oil left as has already been extracted, a BBC Scotland investigation has been told.
Experts believe between 25 and 30 billion barrels could still be recovered over the next 40 years.
Calculating oil reserves is not an exact science and this fact has made it difficult over the years to weigh up the true wealth of oil beneath the North Sea. <<
Shame it doesn’t fit with the production profile.
Maybe I will have to stop believing my lying eyes.
And that other canary in the coal mine:
http://www.dailymail.co.uk/news/article-1024082/Nurses-need-higher-milea...
Nurses.... two years ago, I thought they would be one of the first obvious hits.
I don't know why you worry.
The Government working assumption is that oil will trade at around $60-70/barrel for the next 20 years or so.
If the lights appear to dim at all it is due to our failing eyesight, not electricity shortages.
yes, and tractor production will excede the five year plan.
Hayley Millar's email address is: hayley.millar@bbc.co.uk