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To: neutrino

Peak Oil would be of passing interest if it weren't for these reports of higher and higher oil prices. If the price per barrel drops back to $22 for a couple years we will all calm down.


103 posted on 07/31/2004 6:04:37 PM PDT by RightWhale (Withdraw from the 1967 UN Outer Space Treaty and establish property rights)
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To: RightWhale
If the price per barrel drops back to $22 for a couple years we will all calm down.

True...and it surely could happen. Still, the long term chart for crude suggests a long term uptrend to me. See what you think.

here

105 posted on 07/31/2004 6:40:02 PM PDT by neutrino (Lord, what fools these mortals be! (William Shakespeare, Midsummer Nights Dream))
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To: RightWhale
"Peak Oil would be of passing interest if it weren't for these reports of higher and higher oil prices."

And you think all the Muslim turmoil in the Middle East is having no effect????

136 posted on 08/01/2004 3:26:45 AM PDT by Wonder Warthog (The Hog of Steel)
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