GoldWize

Falling Gas Prices Are a Tax Cut of Massive Proportions

Gotta love peak oil. Seriously, the US didn't hit peak oil. We just
decided that we didn't want to drill here anymore. There is enough
oil under US lands to supply the US for the next 100 years or more.
The only difference is that we need to build the technology to get to
it safely and convince the voting public that it really is safe on the
environment.

Falling Oil: The Giant Global Tax Cut

Oil production is slowing because we're on the brink of peak oil. It's
okay to short this for now, but don't get caught long term short. Just
like in the seventies when we hit U.S. peak oil, there was a national
recession. Now, we've hit global peak oil. There has to be a world
recession, maybe even depression, to keep oil use at a sustainable
level. You know what that means. Less sushi, more Ramen.