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John B. Lounsbury Ph.D., CFP is a financial planner and investment advisor in Clayton, NC.
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  • More on Oil Manipulation 1 comment
    Nov 14, 2009 11:54 AM
    This is a follow up to a previous post (here).  David Cohen, an avowed peak oil theorist, does a thorough data analysis to support his views, and he includes a discussion of the IEA data manipulation story.  He repeats some data that I have seen previously and adds some items that are new to me.  Read David's article here.

    In a new article by Terry Macalister in The Guardian (here), additional discussion of future oil shortages is discussed.
    Themes: oil, peak oil
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    John - That is an interesting article by Mr. Cohen. I, too, expect to see the global economy in the doldrums (except China) for the next year or two (or three) so that I don't expect the oil supply issue to give rise to higher prices for a while yet. But I agree with the assessment that when GDP growth does get started, we could find ourselves pushing up against supply constraints fairly quickly. If we experience another leg down (double dip) in this recession, I'll be adding to my energy positions for the long term.
    Nov 14 02:27 PM | Link | Reply
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