Friday, 18 May 2012 16:35

Forget Peak Oil, Time To Worry About Peak Oil Labor

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"....our prediction of small further increases in world oil production comes at the expense of a near doubling, permanently, of real oil prices over the coming decade. This is uncharted territory for the world economy....

With the aging and retirement of the boomer generations that began their careers in the late 1970s, the oil industry is suffering an acute shortage of experienced skilled professionals." 

Zero Hedge article

 

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