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To: tejek who wrote (73644)5/4/2010 8:47:57 PM
From: koan  Read Replies (3) | Respond to of 149317
 
>>No one knows for certain but if we were at peak right now, the price of crude would be skyrocketing like it did in 2007.

Dude, we are just now coming out of the worst depression since 1930. World car production cannot keep us with Chinese demand. Lots of NG substitution for oil.

India just completing a freeway aroudn teir entire country like IKE's highway system in the 50's.

But wharfy is right. The steep decline after Peak oil will be startling to people. $150 oil will be average I think. That changes lots of things about how we live.