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Peak Gasoline Is Here


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Last updated:
Wed, 07 Oct 2009 18:03:00 +0000

The jury's still out on peak oil, but the concept of peak gasoline has some very credible proponents.

Last Thursday, ExxonMobil (NYSE: XOM) CEO Rex Tillerson argued that U.S. gasoline consumption peaked in 2007. In his words, "motor vehicle gasoline demand is down, is headed down, and is going to continue to head down


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