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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 7 4:00 PM EST

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To: pater tenebrarum who wrote (38122)	1/26/2000 6:51:00 PM
From: GROUND ZERO™	Read Replies (1) of 99985

hb, Those are two very interesting articles, thank you for pointing them out... I understand that the peak of oil field discovery was in the late 50' and early 60's, about 40 years ago, and has since declined... and the peak of production is now.... therefore, world oil production will be in a permanent decline by 2010... I can't imagine that we even approached the peak in oil consumption as yet... this spells grave problems along with significantly higher oil prices down the road... the consumption curve will rise as the discovery and production curves fall..... yikes!!! I'd better fill my tank this weekend.....<g> GZ

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