From Andrew Leonard of Salon.com, who takes a slightly bemused view of the rather optimistic stance that some in the oil industry are still taking; 'there's loads more left to be extracted from the planet' and 'climate change will make the extraction of oil from hostile polar regions easier'.
"The oil companies are going to be in business for a long long time, extracting every last milliliter of oil and gas from every last nook and cranny in the earth. Whether we can afford to pay for the resulting product is an entirely different question."
Quite!
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Well, unless you believe the Russian's theory that crude oil and natural petroleum gas are simply primordial materials erupted from the depths of our planet and nothing to do with being a biological residue of plant and animal fossil remains. As reported on Scoop in September.
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