An interesting piece recently ran in Fortune magazine, regarding billionaire Richard Rainwater’s views’ on Peak Oil. (The “Hubbert’s Peak” in global oil production, expected sometime in the next few years or perhaps 20 years, or perhaps 100 years, depending on who you talk to.) See: http://www.fortune.com/fortune/investing/articles/0,15114,1139979-4,00.html SurvivalBlog reader Chuck, who first mentioned the Fortune article to me commented: “I had the opportunity to review several of Richard Rainwater’s oil deals while at Mitchell Energy. His projects were always well conceived and forward-looking.”
Billionaire Richard Rainwater Concurs with Peak Oil Assessment
