Here's another reason that Peak Oil worriers should just go back to worrying about the other discredited humanity hating motivation of some environmental movements, the Population Bomb: symbiotic bacteria discovered which can break down heavy crude into methane. Two microbes work together to form methane, where one actually produces hydrogen and carbon dioxide before the other turns those byproducts into methane. There seems to be a lot of potential for new energy sources in those older, used-up oil fields.
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