Post by Pracau on Feb 15, 2005 2:03:45 GMT
Don't know if you read your forum, Fintan, but I think you and most others are missing the point with respect to oil (and Peak Oil) by simply debunking it,
It doesn't matter much if its just another Oil Industry Scam or if oil is really heading to be actually scarce.
Its the nexus between the crude oil price and the state of the global economy that is important, borring but important.
Every oil price spike since the late 1940's has been followed with a lag by recession.
What does that mean, firms going bust, retrenchments, etc etc.
With enrichment to oil companies and other hangers on, yes, look at the current Oil Co reports, but what is happening, is going to happen, to people and their families.
OIl needs to be looked at vis a vis its suppression of genuine alternatives... and come to think of it, just about everything else that goes down.
John P
It doesn't matter much if its just another Oil Industry Scam or if oil is really heading to be actually scarce.
Its the nexus between the crude oil price and the state of the global economy that is important, borring but important.
Every oil price spike since the late 1940's has been followed with a lag by recession.
What does that mean, firms going bust, retrenchments, etc etc.
With enrichment to oil companies and other hangers on, yes, look at the current Oil Co reports, but what is happening, is going to happen, to people and their families.
OIl needs to be looked at vis a vis its suppression of genuine alternatives... and come to think of it, just about everything else that goes down.
John P