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Canada's Heartland - Political Peak Oil's First Refuge

Edward Burtynsky. Alberta Oil Sands # 6, Fort McMurray, Alberta, Canada, 2007. Image credit:via Blogotariat. The concept of "political peak oil" has been floating around under that name or as "geopolitical peak" (even more pretentious sounding) for years. Big oil companies based in the US, UK, or France only control around 15 to 20% of proven global oil reserves, while nationalized oil companies control access to the remainder. Nations with highly developed economies rely extensively on publicly traded corporations, the so-cal...Read the full story on TreeHugger

less than 84 day(s) - Wednesday November,18 2009 @ 01:58 PM
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