nerobe

1 Comment

ON: Thu May 22nd 09:26 AM
Commented on:
The Oil Shortage, and Other Fairy Tales

Great article, great read. I find it interesting that a lot of people will read this and then make a judgement likely that peak oil is untrue as a result. Regardless of opinion on that topic, the artificial creation of a panic on a finite resource in order to increase short term profit fits right in with the peak oil theory. If production is on its ever falling design the commodity will eventually devalue while supply falls (this because as it is in a continuous freefall we are forced to find other energy options), until sometime before the end it is virtually worthless as we have prepared for its expiration.

I enjoy how this article points out exactly what you would want to do if you needed to maximize the profit from a dwindling resource, cause a supply panic before it starts truely running out!
View article »

Symbols:

Authors:

More Transcripts»

Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »

Employers: See all recruitment options, get applications online or by email Post a job »