Revi wrote:Still under 2000 hits. It's a very well made, watchable film, but I think the concept of peak oil fell off of most people's radar screen. It's on youtube now, so just type in Peak Oil: A Love Story. I'll try to link it here:
https://www.youtube.com/watch?v=N5efV-w8Ejk
Revi wrote:Thanks for your review Adam B! I am thinking of going on a "Told Ya So" tour of local places. What do you think?
Revi wrote:Thanks. I think this time it's for real.
Revi wrote:
It would have been nice if anything at all was done back in the early 2000s.
Revi wrote: It seems like the only thing that has slowed fossil fuel use was covid. Now it's back to full speed ahead.
Revi wrote: I guess I thought that I had to try something.
Supply and demand will balance at some price or another
Doly wrote:Supply and demand will balance at some price or another
Not necessarily. This is above my knowledge of finance, but somebody that gave a talk in the Financial Times summer festival a few years ago (I went there for free after being a regular commenter in the Financial Times Alpha blog and asking nicely if they had some last-minute tickets to go free if the festival wasn't sold out) claimed that major central banks, especially the Fed and the European central bank, are targeting their policy to keep oil prices stable. As I say, I really don't understand these things enough to even tell if this guy could be right, but I assume that the Financial Times don't let somebody give a talk in their festival if the guy hasn't proven that he knows what he's talking about by their standards. And if that's the case, then we won't see oil prices balancing in any free-market way, just moving along controlled lines.
Doly wrote:Supply and demand will balance at some price or another
Not necessarily. This is above my knowledge of finance, but somebody that gave a talk in the Financial Times summer festival a few years ago (I went there for free after being a regular commenter in the Financial Times Alpha blog and asking nicely if they had some last-minute tickets to go free if the festival wasn't sold out) claimed that major central banks, especially the Fed and the European central bank, are targeting their policy to keep oil prices stable. As I say, I really don't understand these things enough to even tell if this guy could be right, but I assume that the Financial Times don't let somebody give a talk in their festival if the guy hasn't proven that he knows what he's talking about by their standards. And if that's the case, then we won't see oil prices balancing in any free-market way, just moving along controlled lines.
Revi wrote:It made me think that the financial markets may be just a way to dole out resources. They can't cope with shortfalls. That could be the end of the whole game. Like the Roman empire used the dole to keep people fed. Bread and Circus until it all falls apart.
AdamB wrote:Revi wrote: I guess I thought that I had to try something.
I imagine most of us think something similar. I downsized and resized and went electric early, more than a decade ago now. Haven't regretted it for an instant, and have profited admirably for having changed my discretionary spending away from liquid fuels, and natural gas, and coal.
Keep trying Revi. I sure have no intention of stopping in a world of increasing prices, every additional dollar saved is a dollar earned.
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