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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End? -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (408)	4/22/2005 4:00:28 PM
From: Jurgis Bekepuris	Read Replies (2) \| Respond to of 1183

You are arguing that Peak Oil is real and then you tell that the high prices are due to speculators and will fall in 2006? How about deciding which one you believe? People talk about possible shock at the gas stations if there is a supply disruption or oil hoarding around the world. This is the situation when strategic reserves should be used, not when someone claims there is speculator conspiracy and just want to win publicity. Good luck in your conspiracy scheme worldview. Jurgis

To: Raymond Duray who wrote (408)	4/22/2005 9:09:52 PM
From: kryptonic6	Read Replies (1) \| Respond to of 1183

"...gasoline prices will miraculously drop in September/October 2006" Why? Because the Republicans are the least bit worried about the outcome of the "election"? LOL

To: Raymond Duray who wrote (408)	4/23/2005 12:00:28 AM
From: Mahatmabenfoo	Read Replies (2) \| Respond to of 1183

-- Bush could end the fleecing of the consumer in a nanosecond Fleecing? Our oil prices are artifically LOW, partly the result of Saudia Arabia pushing its old wells full tilt, pumping in salt water to desparately keep up production on wells that may be past peak. If there is any single thing that might have saved us, it would be to have multipled gasoline prices by 5x 30 years ago, and to have kept them that hight, and used the tax to build windmills. Something close to what Denmark did to achieve 20% of its electricity from wind power, tho' that took 30 years. Now we don't have 30 years and have to achieve MUCH better than 20%. It's easy to understand why people like Jim Kunstler think the game already is over. - Charles