Crude Oil: Reality at your door step
An amazing and thought provoking article on crude oil.
James Quinn hits the nail with his detailed article on why he feels that Crude is set to hit $200.
(The number , $200, does not mean anything to me. Whats more important is:
1. Human Shortsightedness of immediate gains vis-a-vis long term sustainability.
2. Lack of planning for alternate resource.
3.
A must read for all those who want to know anything and everything about oil and the fact that most probabily we have reached peak oil
http://financialsense.com/editorials/quinn/2009/0407.html
ps: peak oil refers to peak in production (extraction) of oil and not the peak in prices of oil.
James Quinn hits the nail with his detailed article on why he feels that Crude is set to hit $200.
(The number , $200, does not mean anything to me. Whats more important is:
1. Human Shortsightedness of immediate gains vis-a-vis long term sustainability.
2. Lack of planning for alternate resource.
3.
A must read for all those who want to know anything and everything about oil and the fact that most probabily we have reached peak oil
http://financialsense.com/editorials/quinn/2009/0407.html
ps: peak oil refers to peak in production (extraction) of oil and not the peak in prices of oil.
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