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When will the oil run out?

If there are 3 trillion barrels left, we should have the time to find alternatives to oil. If there are only 1 trillion, then we are in trouble.

By Jeremy Leggett   December 2005

Dear David

23rd October 2005

There are two reasons why we must get out of oil, and at first sight they are contradictory. One: it is running out. Two: we cannot afford to burn it.

So when will it run out? Much rests on when the “topping-out point”—the peak of production-occurs. The US department of energy and most oil companies tell us it is a long way off. These “late toppers” believe that 2-2.7…

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