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John Stephenson on Peak Oil

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Uploaded by on Nov 7, 2009

John Stephenson, author of Shell Shocked: How Canadians Can Invest After the Collapse, talks about peak oil, the politics of oil, and most importantly, the price of oil.

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  • @weslingm, get real.

  • I have researched and given it much thought and peak oil is when the oil industry as a whole lets existing wells fall into disrepair. When less oil comes out of the ground shortages occure. The price rises and they make profits. This economic crisis is a case of the puppeteers moving the politicans into a place of cover when they sell of the USA's proven and unproven reserves. I believe this is a man made peak and is designed to consolidate global supplies in the hands of a few.

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