Commentary: Major oil companies on peak oil

Syndicated from Energy Bulletin on Mon, 2012-05-14

<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/ASPO -USAlogo80.jpg" alt="" title="" class="image image-thumbnail" width="80" height="80" /></span>With the exception of the French oil company Total, the International Oil Companies (IOCs) have denied concerns about the impending decline in world oil production, often called “Peak Oil.”</p>
<p>Some possible explanations for the IOC position are as follows...</p>
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