‘Peak oil’ conference comes to Denver
DENVER – Proponents of the “peak oil” theory are in Denver to discuss the impacts of what they say is the quickly fading supply of the world’s oil.
Subscribers of the peak oil theory say the world is at or near its maximum oil production and that demand will soon eclipse supply levels.
Oil industry executives, financial analysts, and peak-oil theorists from around the world will be in Denver for a conference from Sunday through Tuesday hosted by the Association for the Study of Peak Oil.
Mayor John Hickenlooper will speak at the conference Monday and Gov. Bill Ritter will speak Tuesday.
Most of the big oil companies don’t agree with peak-oil theorists and instead side with federal Energy Information Administration officials who say the world’s oil production peak could be as far as 40 years away.
Information from: The Denver Post, http://www.denverpost.com