PEAK OIL - The New Y2K or The Beginning of the Real End? Message Board

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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?

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From: Mahatmabenfoo	5/29/2005 3:37:24 AM
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The other side of the Looking Glass. The "Word Energy Council" is sometimes described as "mainstream" and they seem to take comfort from: - ultra-deep sea oil exploration; - the economist view that the more we need oil the more we will find (!)(demand begets supply aka the "Tinkerbell theory"); and - Crude prices could decline over the long term due to technology increases. I'm not saying I believe any of that (after all I made up the Tinkerbell line) but it's curious to see a discussion of energy without a bellcurve in sight. worldenergy.org also Google oil "ultra deep water" exploration - Charles

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