Jeremy Gilbert, former chief petroleum engineer of BP, says Peak Oil has happened or is happening now

February 14th, 2011 by Richard Lord

Jeremy Gilbert, former Chief Petroleum Engineer for BP says “Peak Oil, I believe, probably is happening as we speak or has happened.” Jeremy Gilbert believes the technology is available to extract oil from remote and deep-sea locations but he doubts that the investment is available. “We are seeing fields which are more difficult to develop.  […]