Oil Surges Above $76 as BP Shuts Alaska Field, Largest in U.S.
Crude oil surged above $76 a barrel, the biggest gain in two weeks, after BP Plc said it will shut Alaska’s Prudhoe Bay field, where 8 percent of U.S. oil is produced.
Crude oil surged above $76 a barrel, the biggest gain in two weeks, after BP Plc said it will shut Alaska’s Prudhoe Bay field, where 8 percent of U.S. oil is produced.
Even if peak oil production turns out to be decades away, the contributions of the peak oil movement are already manifold. The people involved are forcing a re-evaluation not only of the idea of energy and its sources, but of the very way in which we live
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