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Peak Oil is Completely Wrong!

May 30, 2012

Peak oil debate is over, say experts

THE debate about peak oil is over and the world has used just a fraction of the petroleum it will be possible to extract, an expert believes.

see:   http://junkscience.com/2012/05/15/peak-oil-debate-is-over-say-experts/

AND

Mark J. Perry: 200 Year Supply Of Oil In One Single Shale Formation

The Green River Formation—an assemblage of over 1,000 feet of sedimentary rocks that lie beneath parts of Colorado, Utah, and Wyoming—contains the world’s largest deposits of oil shale.

USGS estimates that the Green River Formation contains about 3 trillion barrels of oil. At the midpoint of this estimate, almost half of the 3 trillion barrels of oil would be recoverable. This is an amount about equal to the entire world’s proven oil reserves.

The Green River Formation, the world’s largest oil shale deposit, is located in a largely vacant region of mostly federal land on the western edge of the Rocky Mountains that includes portions of Wyoming, Utah, and Colorado (see map).

See: http://junkscience.com/2012/05/13/mark-j-perry-200-year-supply-of-oil-in-one-single-shale-formation/

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