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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 (1000)10/5/2005 10:42:08 PM
From: Sidney Reilly  Read Replies (2) | Respond to of 1183
 
I was postulating that the "peak" in Saudi Arabian and other Arab nations was being over sensationalized to scare the public into accepting higher prices at the pump. There may well be a peak, but maybe it's not going to happen in 2007. Maybe in 2027, 2037 or later. Do we know for sure they are not hyping peak oil sooner than need be to get higher prices now? Just knowing the nature of greed gives credence to that theory.