The Oil Crash - The End of the American Dream
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All Comments (16)
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Peak oil is inevitable, and no one will do anything to prevent it. Heck, politicians won't even acknowledge it.
You might as well make a profit off the long term increase in oil prices - my favorites are the Canadian tar sand producers, like SU, who have the "oil in the ground" and are in one of the most politically stable parts of the world. Canada also has a rich and "thirsty" neighbor to the South to help keep demand high. ;-)
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I never spent 4.07 for a Bottle of water
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Psh the Zombie Apocalypse will happen well before Peak Oil so we don't have anything to worry about.
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I like Hummer's it's cool !
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If you had any argument you would have made exactly that instead of nonsence.
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@Clausewitzz No... only someone who doesn't feel like taking the time to explain why every part of your argument is wrong would say something like that.
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Only somebody who doesnt know anything better to say would make a comment about something as pointless as 'spelling' on youtube.
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@Clausewitzz Learn to spell before making an "educated" comment.
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@ShepperdW haaaa hahahahahhaha! this is Oetzi talking! hahahahha
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Explain how oil can be renewable? There are fields that ran dry in the late 1800's and every field that did since the first hasnt showed great sings of a refill.
So this renewal is either nonsence or goes so slowly that it doesnt matter cause it woundt even support for 0.001% of the world needs.
The treu alternative is transport fuel, when oil can be replaced there the world oil needs can drop so great that the remaining oil is suddenly enough for centurys instead of decades.
This is not cobwebs. Oil peaks have already happened in many many big oil fiels. It happens in every oil field. Eventually all the oil is pumped. This is a fact.
The ultimate answer to SO WHAT.
yragntman 2 years ago 3
Watch for huge oil spikes closer together starting in late 2011. Look for gas prices to double by then.
Stan1208 1 year ago 2