old fogey

How Does the Financial Crisis Affect the Peak Oil Thesis?

Hmmm, well, about 17 days is an election.
The need for cheap gasoline to encourage consumers to spend is coming about; as a hoped for market rally is needed to dispel fear.

The demand for oil is not one half of what it was; and yes speculation was a part of the highs.
I really wonder how much oil is coming out of our federal reserves as a means of driving prices down?

Two and a half more weeks of low oil is expected, however January new president prices will be higher in my opinion.