Salzburgland from above

There has been a lot of talk recently of the potential for lots of oil in the disputed falkland islands, which will help alleviate the upcoming (peak) oil crunch. Well, so much for that:

Apparently the worlds oil reserves have also been overstated by a third, according to the Government’s former chief scientist, who has warned of shortages and price spikes within years. (Not exactly news, as it’s been known for a long time, but to hear it come from an official source is news)


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