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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: newfoundland1 who wrote (23357)12/14/2004 2:00:41 PM
From: russwinter  Read Replies (1) of 110194
 
I don't know of anybody who says, "the world is running out of oil". The debate centers more around peak oil, or is production gradually rolling over. In fact you could have a 2% yearly increase in energy output, and still come up short of what the global economy needs to grow. That would cause regular price spikes everytime there is a strike in Venz, or Nigeria, or a bad hurricane,etc.
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