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Farknight
Tar Sands
Joined: May 29, 2008
Posts: 66
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 Posted: Sun Jul 27, 2008 3:38 pm Post subject: New Washington Post "Front Page" Series on the Oil |
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Washington Post Online "Oil Shock"
The Washington Post is starting a multi-part series concerning the oil situation today. The link is above to part one. This is a significant development as many powers that be here in DC read the Post like the Bible.
You MAY need to establish an account to view the article I linked above. |
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ROCKMAN
Intermediate Crude
Joined: May 27, 2008
Posts: 975
Location: TEXAS
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| Posted: Mon Jul 28, 2008 1:03 pm Post subject: Re: New Washington Post "Front Page" Series on the |
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| A great link...thanks FK. Seems as though they did a fairly representative opening. It will be interesting to see the following details especially when speculating about undiscovered reserves and alternate scaling. |
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mos6507
Fusion
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Joined: Aug 03, 2007
Posts: 4590
Location: Boston Suburbs
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| Posted: Mon Jul 28, 2008 5:24 pm Post subject: Re: New Washington Post "Front Page" Series on the |
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Nice. It actually mentioned the dreaded words "peak oil". I wasn't expecting that. No "die off" scenarios, though. That would have been wishful thinking.
_________________
http://doomsteaddiary.blogspot.com/ |
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Farknight
Tar Sands
Joined: May 29, 2008
Posts: 66
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| Posted: Mon Jul 28, 2008 5:41 pm Post subject: Re: New Washington Post "Front Page" Series on the |
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Washington Post: Oil Shock Part 2 (China)
The series continues and the imagery of a China striving for their dreams of an "American" life are chilling. Small cars are actually officially penalized and only big vehicles like Hummers feel "manly". We are in for some serious trouble. |
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threadbear
Expert
Joined: Jan 22, 2005
Posts: 7784
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| Posted: Mon Aug 11, 2008 9:54 am Post subject: Re: New Washington Post "Front Page" Series on the |
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| China is sliding into a major recession. The big money is exiting oil, as a consequence. Oil is now 117, per barrel, down from almost 150.00. |
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