Tuesday, November 18, 2008

Peak Oil

Two words that cause major disagreement every time they are used; so any article that provides a sensible and logically argued explanation of the Peak Oil concept is worth a few minutes reading.

This is one such by investor Praveen Jaiswal in Seeking Alpha. Enjoy.

2 comments:

Peter said...

Can't say I enjoyed it, but ta for the share.

In pondering this I am struck by two diverse eco-issues that share a similar mathematical course and destination/end point: oil for energy and population.

Finite, dwindling resources confronted by ever-growing demand.

Still trying to figure out how all sainted superheroes, from Messrs Brown to Obama, are going to reconcile their economic aspirations with their environmental claims whilst still ignoring all of the above.

Dave said...

I think its called trying to reconcile the irreconcilable.