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Alternatives Drive the Peak of Oil Demand

By Travis Hoium - Apr 11, 2013 at 1:03PM

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The peak oil theory has been around for decades, but maybe we have it all wrong.

Peak oil was supposed to be about oil's scarcity and it devastating economic impact as prices shot through the roof. But oil demand has been falling in developed countries, for over a decade in some cases, and Fool.com contributor Travis Hoium thinks that a peak in global demand is around the corner. Erin Miller sat down with Travis to see what's driving the change. 

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