[expat_panama]

will find the cost rising from now on..   ...Then we crash.

My point was that either a continuing rise in fuel or the crash scenario are both far fetched.  

Who knows, the trend we've had for the last hundred years could change, but if the price of oil does change in real terms, that will also bring so many alternatives on line.  It's true that the short term  supply and demand for oil are inelastic, but over time we develop new technology, new habits.  IMHO the human race has a pretty good track record.

[RightWhale]

Right. The Peak Oil people have a lot of charts and data, but it is heavy economics stuff, which is a subject I don't do. It's fine if someone says don't be alarmed, but it would take more than our oil history to convince me that things will continue as they have much longer.

Anyway, our show opens tonight and I have to sign off. Maybe tomorrow.