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Gold/Mining/Energy : Peak Oil - Not If but When

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From: veritas5014/17/2010 1:04:48 AM
of 129
 
California's jobless rate hits high of 12.6% in March

latimes.com

How many people interviewed in this article are familiar with Peak Oil? How many Americans in general have even heard of Peak Oil?

People think things are bad now. What happens when oil goes to $100/bbl and higher?

From the article:

Michael Patterson, a 45-year-old aspiring actor, says he'd much rather have a job than collect benefits.

Patterson is on his third extension of benefits. When he first lost his job with a temp agency, he gave up his apartment and moved in with his family in Palmdale. But, he said, they too are struggling financially, so he moved out a few months ago. He now pays $210 a month to sleep on the floor of a friend's apartment, and he sometimes goes to the L.A. Mission to eat.
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