well lets have a bet here - I think it stays under a 100 for the next 2 years, maybe a spike over if Hurricanes in the gulf, war with Iran or a terror attack in Nigeria all happen a the same time. See i was in your camp but oil has come off as fast as its gone up. If it was pure supply and demand that would not happen. Its purely speculation driven, by traders in NY.
Post Peak, as long as market signals are allowed to operate, biofuels like Jatropha will provide aviation alternatives & plug in hybrids will provide motoring alternatives.
The Auckland traffic pattern shows that marginal road journeys are being priced off the roads. This will continue as 91 moves to + $3/L next year.
The biggest disaster will be if command & control becomes the preferred Govt stance rather than a mix of markets & 'nudges' to change behaviour.
Coping with Peak Oil did not require taking Rail into state ownership. Once the rail and ferry strikes start people will take to the roads and skys to avoid dealing with the totally useless service that will ensue now that Rail is back in government hands. This will only hasten the oil problem.
well lets have a bet here - I think it stays under a 100 for the next 2 years, maybe a spike over if Hurricanes in the gulf, war with Iran or a terror attack in Nigeria all happen a the same time. See i was in your camp but oil has come off as fast as its gone up. If it was pure supply and demand that would not happen. Its purely speculation driven, by traders in NY.
georgewtwat 3 years ago
youve been waiting for the IEA report for a while havent ya mate?
georgewtwat 3 years ago
Does every comment have to involve peak oil?
georgewtwat 3 years ago
'fraid so - Peak Oil
socialismispoison 3 years ago
I take a more hopeful stance.
Post Peak, as long as market signals are allowed to operate, biofuels like Jatropha will provide aviation alternatives & plug in hybrids will provide motoring alternatives.
The Auckland traffic pattern shows that marginal road journeys are being priced off the roads. This will continue as 91 moves to + $3/L next year.
The biggest disaster will be if command & control becomes the preferred Govt stance rather than a mix of markets & 'nudges' to change behaviour.
socialismispoison 3 years ago
Coping with Peak Oil did not require taking Rail into state ownership. Once the rail and ferry strikes start people will take to the roads and skys to avoid dealing with the totally useless service that will ensue now that Rail is back in government hands. This will only hasten the oil problem.
socialismispoison 3 years ago