Pops wrote:pstarr wrote:Pops, high oil prices will never signal the arrival of peak oil. On the contrary, low prices have proven it is here.
OK
I think that the right way to think of it is that high oil prices DID signal the arrival of peak oil. Some people just never acknowledged it. Oil prices shot up and fatally damaged the economy. Now civilization is starting to collapse. That is just
classic peak oil theory. There is no reason to over complicate things. Here is an oil price chart showing the main features of the peak oil dynamic so far: