Steve Forbes and T. Boone Pickens Debate Peak Oil
Folks,
Here’s something interesting: an hour-long debate between Steve Forbes and Boone Pickens about peak oil, from the April 24 Milken Institute Global Conference. (For more on this notable event, see “Observations on a Hotel Full of Billionaires”.)
Those are two of the richest guys in the world, so their opinions bear some weight. As longtime readers of GRL know, I’m squarely in Boone’s camp…although I think he has an overly optimistic view of the future of natural gas, given that North American production is past the peak, there is a lot of resistance to siting new LNG import facilities, and the global peak of gas should be right around 2011.
Watch the interview here or download the transcript here.
–C