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Peak oil forecasters win converts on Wall Street to $200 crude
As energy prices soar and violence convulses the Middle East, the peak-oil movement — an unlikely alliance of geologists, physicists, oil industry consultants and environmental activists — is winning converts. Peak-oil ideas are bubbling up from scientific journals and offbeat Web sites, much the way warnings of global warming did a decade ago. For the first time, the peaksters have begun to grab the attention of Washington and Wall Street. (excerpt)
August 31, 2006
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