What Happened To Peak Oil?

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By James Picerno of The Capital Speculator

Fears that the world is running short of oil aren't going away, but judging by the latest figures on global oil production there's no sign that the peak oil factor is an imminent threat. Global output rose to a new all-time high...

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Alfred A. Knopf once said "an economist is a person who states the obvious in terms of the incomprehensible."

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