Trader Chat: Chris Nelder Pt. 2 - How Will Limited Oil Affect Our Daily Lives?

[johnTconover]

Any drop in demand will be eaten by another nations increasing demand. Energy efficiency may help on a longterm personal finance level for some but conservation only buys time and only works with a significant and equal global effort (Copenhagen?). As I said in my part one comment, its to little to late. This is a problem that needed to be addressed on a wartime scale 20 years ago. Let Tom Hanks drive a prius, average Joe has more important things to worry about like a job that feeds his family.