Peakoil

1 Comment

    • ON: Fri Apr 18th 11:47 AM
      Commented on:
      Why New Oil Price Highs?
      You need to read up on the issue of Peak Oil, read Simmons' book Twilight in the Desert, and generally accept the fact that oil is a finite resource, while demand increases. Or take a class in Econ 101.
      BTW, the Brazil giant field discovery turns out to be premature. The Brazilain oil minister was misquoted; they have no idea how big or small the field is.
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