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The Oil Drum vs. The NYT

An op ed piece in the NY Times written by Michael Lynch: Peak Oil is a Waste of Energy has caught the attention of The Oil Drum, a blog that discusses energy and our future.

The NYT piece basically purports that the ‘peak oil’ theory is a gross exaggeration on par with Chicken Little.

The Oil Drum begs to differ, and takes Lynch’s points and refutes them.

We don’t know about you, but that old argument that ‘you can’t go wrong investing in land because they aren’t making any more of it’ does sort of come to mind here.

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