Monday, July 15, 2013

Q: Who Killed Peak Oil? A: Oklahoma.

I've told you that Peak Oil is dead, but who killed it?  Here is a supposed list of five companies.  One can quibble with the list, but taking this list at face value, you can basically say that the death of Peak Oil was cooked up in Oklahoma.  Three of the five companies listed are Oklahoma-based companies.  Add in Harold Hamm's Continental Resources and it's pretty much a lock...the scrappy oilmen (and oilwomen) of Oklahoma have killed off Peak Oil.  Given that the energy renaissance in the US could turn out to be a potentially world-historical development that rearranges the global geo-political order, that is quite a feat for a small state in the middle of America!

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