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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: kryptonic6 who wrote (565)	5/18/2005 5:28:01 AM
From: Raymond Duray	Respond to of 1183

Re: ..I still need to go to Europe before the airlines collapse. It's more adventurous to take a tramp steamer. :) OTOH, when the Gulf Stream collapses and Great Britain and Scandanavia fall into a new Ice Age, there will be plenty of empty seats and cheap fares on one way tickets to the icebox. I just watched "The Big Chill" bbc.co.uk This scenario is definitely not science fiction. It's happened in the past. The question is how rapidly it can happen today. Recent science indicates that this 2003 production is not at all out of the realm of what is possible.

To: kryptonic6 who wrote (565)	5/18/2005 7:44:17 AM
From: Doug R	Respond to of 1183

I know of 5 separate warnings that 4Q '05 supply will fall short. However, that may not be the case: Message 21324751 Getting over that hump is no great relief though. And, of course, all bets are off in the event of geopolitical disruption. The current none-too-bright US administration is known for total lack of diplomatic skills. Their actions so far have shown their bias toward violence in dealing with oil. Their inactions so far show that they have little interest in evolving away from oil. So I'd say the odds slightly favor disruption.