|
|
| |
Peak Oil, Addiction, Gas Prices
|
|
| |
The Truth About Peak Oil. Cheap oil, costing under $60/barrel, may well have peaked or is close to it. This may mean we are stuck with $60-$120/barrel oil, but this does not spell doom. Even at $120/barrel, U.S. energy costs would be a smaller fraction of GDP than they were in 1980. Peak-oil buffs may have a point about oil production, but when it comes to economics, they're a dangerous cult. Read what the cult's leadership says about the "die-off", or "cleansing" of 4 billion people. They say it's a good idea.
|
|
http://zfacts.com/p/62.html | 05/09/08 17:09 GMT
Modified: Thu, 01 May 2008 20:03:04 GMT
Suggestions, Questions, Comments:
|
| |
Oil prices are high, but no higher than in 1980. But spending has tripled.
|
|
| |
There's not going to be one. Peak oil per person was in 1973. We will make our gas from coal and tar sands for more global warming.
|
|
|
