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Peak Oil in the News
Peak Oil News Thursday October 12th 2006

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Please note: This site is not computer generated. It is researched, edited and compiled by hand. For the next two weeks I will be traveling and will only
be able to update the site sporadically. So when I do update I'll try to give you extra stories. Please bear with me until I get back to base. Thanks! - Rob.

Everyone watching OPEC as oil slips again
(National Post) Crude oil slipped 93 cents in New York to close at $57.59 US per barrel, the first time it's dipped below $58 since Feb. 15. The drop came even as OPEC vowed to cut production for the first time since 2004.

The Peak Oil Crisis: Turning Points
(Falls Church News Press) From a peak oil perspective, the last couple of weeks seemed pretty quiet. Oil prices continued to drift down into the $50s amid gloats from peak oil skeptics.

Boone Pickens Says Oil Will Reach $70 Before 2007 (Update1)
(Bloomberg) Boone Pickens, the billionaire Dallas hedge fund manager, said crude oil will reach $70 a barrel before the start of 2007. "I think you'll see $70 before you see $50," Pickens, who oversees more than $4 billion at BP Capital LLC, said in an interview in New York today.

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