Davo

Perfect Oil Storm Brewing in the U.S.

Remember that Peak Oil refers to a peak in the world's ability to extract, process and deliver oil. It does not suggest that the reserves are not half depleted. The price that the world is willing to pay for it will determine when we reach equilibrium. To emphasize the finite nature of anything is not operating in the real, immediate world. Making a buck today and tomorrow is not affected by "Peak Oil".