Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (391423)	6/16/2008 2:39:09 PM
From: i-node	Read Replies (1) \| Respond to of 1574855

Only in the last ~10 years have people, especially industry people, begun to recognize peak oil, and the vast majority, including you, don't grasp the implications. I see -- the "industry people" and me don't understand it, but you do. Okay, CJ.

To: Road Walker who wrote (391423)	6/16/2008 2:39:45 PM
From: tejek	Read Replies (1) \| Respond to of 1574855

Were you not aware of the upcoming "crisis" 10 years ago, 15, or 20? I certainly was, and I think most of us who were of age were, as well. I remember distinctly during the Carter years sitting in rationing lines and realizing the looming problem. Do you not? Yes I do, and it was an entirely different situation. It was completely political, not a supply demand issue. (And we were producing ~70% of our consumption compared to less than 40% today). Only in the last ~10 years have people, especially industry people, begun to recognize peak oil, and the vast majority, including you, don't grasp the implications. In light of what's happening today, its amazing that Congress refused to raise mileage standards on new cars very much in its last go around on the issue. We are a country without competent leadership in the middle of a crisis.