Myth of peak oil debunked

 
By Jack Money
Published: April 24, 2008

The head of Oklahoma ’s largest independent producer of oil and natural gas debunked the myth of peak oil on Wednesday, saying the biggest hindrance to recovering new reserves of oil and natural gas are governments and their policies.

Larry Nichols , chief executive of Devon Energy Corp. , attacked taxation and other restrictive governmental policies both abroad and at home during a presentation at Oklahoma St...


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