The Energy Report: How was your presentation, “Is Peak Oil Dead?” received at the Calgary Energy and Resource Investment Conference on April 5?
Jim Letourneau: It went really well. There are a lot of professional engineers and geologists there who work in the oil business, and most of them were agreeing that technology is a big factor that pushes out when peak oil is going to occur. For each pool or technology, there is going to be a peak, so peak oil is really the average of hundreds of different peaks, but I think my big-picture point was well received.
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