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Yes.

Despite all upside pressure short term prices are heavily influenced by speculation and the big players favour volitility.

so Malthus was right after all...

I read in todays London Metro about a compressed air car called the MiniCAT developed by Moteur development International of France.

It is made of fibreglass and costs £5,500 ($11,000).
It is clai ...

The UK's gas supplies are depleting fast. We have a contract with Norway to supply gas for something like 10 years after that Russia will supply us with lots of lovely cheap gas because that's how the ...

Tertzakian doesn't align himself with the "peak oil" theory...However, he acknowledged that production of light, sweet crude oil...probably already has peaked

Don't you just love people like thi ...

Have a look at Mish:

http://globaleconomicanalysis.blogspot.com/

I would like to buy some natural gas but I’m not quite sure where to store it. I have got some rather large bags that might do the job but I run the risk of floating off into the stratosphere if I for ...

You are correct.

Here in the UK I live in fear of the floor of the North Sea collapsing because of all the oil we have extracted. This would cause a tsunami which would crash into the country and c ...

I've been reading Pathtofreedom.com recently and it's amazing what can be done - 6,000lb of food from 0.1 acres!

I'm quite interested in permaculture etc. so thought I'd have a break from PeakOil a ...

Welcome to the site.

I've only played a few PC games but a Peak Oil based game sounds a great idea and I'm sure this forum would be an excellent source of ideas.

One thing I have learnt from the ...

You're right! It's definitely down from last year.

I fear we have reached and past "peak forum" and fully expect further depletion in the future.

During the 1970s, the Club of Rome report, "The Limits to Growth," said that, assuming no rise in consumption, all known oil reserves would be entirely consumed in just 31 years.

This is a commo ...

I should also add that a large chunk of the debt is not owed to foreigners because it’s future commitments. In other words it’s owed to future generations of Americans.

So, given a total debt of 4 ...

This guy is saying that the USA owe FOUR times what they have? In other words, that if all the people USA owes money to came to ask for their money, the WHOLE country would be sold and still, only ONE ...

By 2020, the current 80+ mb/d base could be
reduced to 25 mb/d.*

*Schlumberger’s 8% per annum estimated global decline

Wow! Is this for real?