"Peak oil relates closely to oil depletion; while petroleum reserves are finite, the key issue is the economic viability of extraction at current prices.[6][7] Initially, it was believed that oil production would decline due to reserve depletion, but [...]" (emphasis mine)
"Peak oil relates closely to oil depletion; while petroleum reserves are finite, the key issue is the economic viability of extraction at current prices.[6][7] Initially, it was believed that oil production would decline due to reserve depletion, but [...]" (emphasis mine)