[Wonder Warthog]

"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????

[RightWhale]

Yes, that is part of Peak Oil theory--things that affect the cost of production of oil. We can station our armies in the oilfields. The day is coming that oil will be so expensive that stationing armies will do no good.