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Well peak oil is here now or will be really soon. It don't think all the oil will be used up for a long time, because as prices oil get ridiculous in the future ($500 to $1,000 a barrel). Alternatives will become more and more attractive.
So I will guess oil will get unacceptably high priced by 2025 (I would say 60% to 80% of all oil will be used by that point.
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