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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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From: Seeker of Truth	9/3/2009 11:21:58 PM
	Read Replies (3) of 218039

Few intelligent people doubt that the supplies of oil in ground and above ground are steadily decreasing. This is called Peak Oil. Yet oil does not seem to be rapidly increasing in price. I submit that quite possibly all the energy conservation, renewable energy boom, natural gas discoveries, etc. are decreasing the need for oil. I'm wondering if wind energy, solar energy, geothermal, jatropha, Brazilian sugar cane etc. will increase so rapidly that the oil price will take a very long time to rise. None of the public predictions say this; so maybe it's the truth. I have no definite opinion here. What do some other people think? Seeker of Truth

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