T Boone Pickens says Peak Oil is already here - 85 million barrels per day

Around the 5:30 mark he says it:

"See, there's 85 million barrels [of oil production] a day in the world, and that is--I believe is Peak Oil. You have capped at 85 million. You can't get any more than that out of the system."

"Will we go back to four dollars [per gallon of gas]? Of course you'll go back to four dollars."

Granted, T Boone Pickens is heavily invested in the natural gas industry, and so he has a reason to criticize the competing product--oil.

October 16, 2009 speech at the University of Maryland.

Category:

Education

Tags:

• T Boone Pickens
• peak oil
• natural gas
• pickens plan
• university of maryland
• college park
• maryland
• MD
• speech

[samage1337]

This should have alot more views. Saddens me that something as important as this isn't mainstream.

[lumeriam]

TAKING OIL IS KILLING THE EARTH...WE LIVE ON THE EARTH AND SO WE WILL KILL HER AND HAVE NO HOME. The GULF CATASTROPHY IS STILL GOING ON RIGHT NOW IN 2011! Do you catch my drift?

[itisaduck]

We have more natural gas than ever with all the new finds. 85 M is how much we pump because of lack of drilling and price in US is also because the left does all it can to refuse more US refineries. Pickens is highly invested in alternative energy. What we need to do is drill Alaska, The Pacifice, California, The Gulf blah, blah, blah and build more US Refineries. Vote for someone like Palin to move in this direction. Remember Oil saved the whale as whale oil was deplaced by crude.

[Addicted2OILau]

when is the media gonna give some focus to this issue so it becomes mainstream awareness