Iraq's new reserves buck 'peak oil' crisis
Wednesday, October 6, 2010 - 11:50
in Mathematics & Economics
BAGHDAD, Oct. 6 (UPI) -- Iraq's sharp upward revision of its oil reserves to 143.1 billion barrels, and the prospect that there's much more to come, has cemented the country's status as a long-term energy producer when researchers say global oil output is set to decline.
