Oil at 92.35 a barrel.

[Tahunatics]

quote:

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I didn't hear anyone laugh. $100 per barrel oil is a sure thing.

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I wasn't talking about Punawebbers specifically. I received my Bachelor of Science Degree in Alternative Energy in 1984 and I have studied this subject for over 30 years.

Many Americans believe that having cheap gas is their God given right for their lifetime and anyone suggesting otherwise has been ridiculed or ignored until now that it is undeniable and hitting their pocketbook.

But the Faux News and Politicians still aren't being honest with the people. We have been riding on an up and down plateau on top of the bell curve of global oil production for the past 22 months and are about to start seeing some very serious consequences for the end of cheap energy. This temporary 'golden age' of oil will be just a short blip on the long timeline of mankind.

http://www.energybulletin.net/36102.html

http://www.energybulletin.net/36458.html

http://www.jameshowardkunstler.typepad.com/

Edited by - Tahunatics on 10/30/2007 09:08:59