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Is There a Peak Oil Movement?
"I'm much more scared in the direction of peak oil. And that type of thing and that shortages because we are artificially restricting our ability to produce," he says. "There's a bunch of things that are very strongly discouraging fossil fuel innovation." The U.S. shale revolution really I think bailed out the world so this is the oil and gas revolution that got initiated in the US, writes David Frum.