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  • How to Invest in Peak Oil [View article]
    To relate to peak oil one has to imagine a big tank full of oil with a variable flow. Some years the flow is heavy and during economic slow down the flow is low but the tank is constantly being emptied. It is just a matter of time before the tank is empty.
    During good times when demand is high and supply can not meet demand the price goes up because several people are bidding on a fixed amount. If you produce 85 million barrels a day and the demand is 86 million, who gets left out.
    I can tell you who gets left out, it is the lowest bidder for the product.
    Bottom line, peak oil is real and time and degree of global prosperity is the main determinate as to when the end will come.
    Jul 12 11:54 am |Rating: +6 0 |Link to Comment
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