Decline of oil: Bloomberg suggests what it could look like

Oil well (photo by John Hill)Predictions on the future of global energy vary greatly, but many analysts largely believe that peak demand for the oil industry is coming relatively soon. The world’s largest oil companies, however, see it differently: they say their business will only continue to grow through the year 2040. Exxon and OPEC each believe more than 100 million…

from http://www.greencarreports.com/news/1111882_demise-of-oil-bloomberg-suggests-what-it-could-look-like

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