Oil Outlook

Oil suppliers are tightening taps, with Jeff Rubin, CIBC World Markets chief economist. His views are very similar to the Export Land Model proposed by Jeff Brown (http://graphoilogy.blogspot.com/2007/09/declining-net-oil-exports-temporary.htm­l).

Category:

News & Politics

Tags:

• peak
• oil
• exports

[s0cks1985]

A lot of people just don't get it. They'll be the ones blaming governments and crying and whining because its too expensive to drive the SUV, or they can't get the really cheap TV made in China, and the grocery bill is more than 1/10th of their annual income!! Its not just the end of oil, its the end of these dream we've all been living.

[Epicx1984]

3:37 "we can just invade Canada"... Fck you buddy.

[petrocalypsenow]

Did Rubin call it or what.

[Flagstaff12]

3:37 Well said, and in typical American fashion. Funny how their first reaction is through violence, than by other means. Surely he's joking (hopefully), but you get the point.

[BikiniBabe1985]

I cannot understand why peak oil theorists never discuss the destruction of the dollar when talking about the price of oil. If I'm not mistaken, is the price of oil not tied to the dollar?

[VariedInterest]

Yeah, because the way things are going that is a glib and way too close to possible option, haha.

Rubin really seemed to nail their faces to the floor, after this interview they seemed really depressed. It's telling that they give him about 2 minutes to talk, when in fact the whole world economy right now hinges on his expert specialized insight on the matter.

Everybody should read his vital and coherent book, "Why Your World Is About To Get A Whole Lot Smaller."

[Binoplus]

Jeff nailed it. His book is a must read!

[acsial]

His employer has been lobbying to nearly DOUBLE our immigration rates, to 400k a year.

No amount of New Urbanist densification will arrest the urban sprawl and loss of farmland that adding hundreds of thousands of people annually causes. More people also means more freshwater and food use, more CO2 emissions (warm-climate immigrants to Canada need fossil fuel energy for home heating) and, yes, more cars.

We need a serious, un-PC reconsideration of our immigration policies, above all else,

[RandomishhOne]

just finished jeff's new book. pretty eye opening

[mrslair]

This was said before the 2008 oil spike. Good job Mr Rubin

[mikey71]

gladly no-one laughed