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Science Daily: 'Peak oil' concerns should ease, experts predict

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Posted 10 July 2013 - 03:44 PM

Should concerns about "peak oil" focus on demand for oil rather than dwindling supplies of it? Yes, according to a new analysis. Limits to consumption by the wealthy, better fuel efficiency and lower priced alternative fuels should begin driving down demand for oil around 2035. That's good news overall, but policymakers should pay attention to the mix of substitutes that will replace conventional oil.

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