SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jurgis Bekepuris who wrote (377)4/19/2005 9:30:43 PM
From: Raymond Duray  Read Replies (1) of 1183
 
Jurgis,

As far as North America is concerned, we've already hit Hubbert's Peak, as of a couple years ago. So there is no good reason to think we'll find an easy exit from rising oil prices there. LNG development, when they do come on line, will only hold the line against catastophic pressure drops in the natural gas pipeline systems of North America. They cannot ever provide a surplus.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News