Sunday, November 4, 2007

Peak Oil - We Are Probably There

A lot went on in the Peak Oil world over the past week, and not just the price rise. From what I have read, we are definitely on the plateau. We may see some small peaks, but that won't change the ultimate direction we are headed in.Matt Simmons on CNBC talking about the cost of oil. Would you pay $8/gallon like they do in Europe?Will you listen to the OPEC guys who tell us that world reserves

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