We're Not Running Out Of – Or Even Low On – Sources of 'Nonrenewable' Energy

Rossputin's Ross Kaminsky e-mailed to me a few links that offer yet further evidence that "peak oil" is peak nonsense.  For example:

BP's reserve replacement ratio for the year was 129 per cent – making 2009 the seventeenth consecutive year of reserve replacement of at least 100 per cent.

And this:

Occidental Petroleum Corporation (NYSE: OXY) announced today that at year-end 2009, the company's preliminary worldwide proved reserves totaled 3.23 billion barrels of oil equivalent (BOE) compared...