Peak Oil is You

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Page added on July 29, 2009

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Game Changing Battery Technology: Is it Here Now?

Nearly every oil observer – Simmons, Maxwell, Jeff Rubin, many others, and least of all myself – see oil prices rising in 2 – 5 years, probably to new heights, if the global economy continues to recover. That

This vision of oil supply tightness is not a happy economic scenario. Very high oil prices would likely cause global stagflation and a poor investing climate. It would be particularly painful for relatively poor people and poor economies. It would help only oil exporting countries, many of which are not friendly to liberal humanitarian forms of government. So not really a very happy picture.

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