Website: http://MrEnergyCzar.com Oil companies are replacing their conventional oil reserves with gas instead of oil due to Peak Oil. Some oil companies are now producing more gas than oil. This is a Peak Oil symptom.
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I heard that Shell produces more natural gas than oil now, very scary. Eventually they won’t be able to replace their reserves and the truth will come out. They’ll have to buy the Tar Sands to keep their reserve replacements the same.
Profit is more addicting than heroin. It’s gonna get ugly, real ugly.
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