The Organisation of Petroleum Exporting Countries has found no reason to pump more oil despite the hardships being encountered by God-fearing, Hummer driving, McMansion living Americans. Do we have to invade them all?
Note: towards the end of the article you will find a quote from the head of Libya's National Oil Corporation, Shokri Ghanem:
Note: towards the end of the article you will find a quote from the head of Libya's National Oil Corporation, Shokri Ghanem:
"The easy, cheap oil is over...Peak oil is looming."
Is this first time an OPEC member has publicly used the term "peak oil"?
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