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If you believe this, are you buying oil commodities, oil stock, and other oil derivatives?
If not why? If peak oil is just a few years away, then the price of oil will go higher and so will the oil stocks.
If you’re not buying oil, then you aren’t putting your money into what you believe, and you most likely think peak oil scares are just a hoax.
What are you doing, and why? Your thoughts?
Pamela Ward, aka "Peak Oil Pamela", now owns the LifeAfterTheOilCrash.net URL. While the technical details of domain transfer are worked out her site is:
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I think, the peak oil ... peak oil right away ... You just have to know that the future casts shadows on the present. The next few years will be dominated by Peak ...
... next few years. This announcement is a story that many of the readers of Peak Oil ... Peak Oil? I don’t believe in that nonsense. Do I *have ... hidden away from him. Maybe ...
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November 5th, 2010 at 11:02 am
I don’t believe in peak oil happening any time soon, but just in case it is a danger:
DRILL BABY DRILL!
People like David (above) show the true fascist side of the evironmentalists "we will force you to" Wow.
PS -
Dr Jello:
I’ve been thinking, why don’t you start a blog like Zero Impact Man, but this time call it "Double Impact Man" or even "Triple Impact Man". For every low-impact person, we could sign up someone to use even more energy. Could start a trend!
November 5th, 2010 at 11:02 am
You don’t buy oil futures today if the same money put into Apple stock will go up faster.
In a year, oil has gone from $50 to $80 a barrel – nice profit, but in the same time Apple went from $95 to $220.
And once Apple is done with it’s run, another stock will do better than oil again.
November 5th, 2010 at 11:02 am
I mean we hear a lot here about ideas that are being bandied about. It is like those trial balloons sent aloft by the Clintons. The protagonists (AGW crowd) throws the spaghetti against the wall to see what sticks. If there is too much outrage they backoff and try a new tact. No, I don’t believe it at all. I think the opec people are looking for ways of jump starting oil prices to go very high again.
November 5th, 2010 at 11:02 am
I take bus,the bus should use oil.The oil price is higher and higher,I think it can protect oil and the world to some extent. we should save the oil ,don’t use plastic,plant more trees,save water and so on.
November 5th, 2010 at 11:02 am
Last I heard 2017 was crunch time. Our only hope is to kick the Oil habit and switch to renewables, if you don’t do it voluntarily than we will have to legislate and force you to
November 5th, 2010 at 11:02 am
I do believe peak oil is getting pretty close, but what year exactly I cant say as i am not an expert. However i can say that I am related to one of the top petroleum engineers in the world and he confirmed that peak oil is a real issue and it is coming soon.
No I will not invest in oil, I only invest in environmentally responsible companies and green mutual funds. Its not an issue of putting your money where your mouth is when you feel that putting your money somewhere is an unethical move.
For instance I believe that illegal drugs have an excellent markup, but that doesn’t mean I’m going to become a drug dealer.
November 5th, 2010 at 11:02 am
It’s just one more ruse to inflate oil prices.
November 5th, 2010 at 11:02 am
I think that even if peak oil was that close, the giant corps that run the land would never let it get out under penalty of CIA execution signed off by George Bush in 2006.
November 5th, 2010 at 11:02 am
I don’t think it’s that close. But I don’t understand how people can worry about peak oil and global warming at the same time. One should fix the other.
November 5th, 2010 at 11:02 am
Peak oil is a crock.
The only reason prices are high lately is the weakness of the US dollar. If demand goes up, we run out of refining capacity long before we run out of oil capacity.
There’s lots of oil, we keep finding it faster than we can burn it.
November 5th, 2010 at 11:02 am
I used to analyze the energy industry for a living and I know that we’re nowhere near "peak oil" – the only absolute limit to growing oil production right now is government.
One can agree or disagree with the government’s decisions in this regard – I disagree with many of them but agree with some of them. But it is simply incorrect as a matter of tangible reality to suggest that in terms of the physical product that can be pulled out of the Earth at a profit at prevailing prices, we’re at peak production. It just isn’t true.
November 5th, 2010 at 11:02 am
Oil may have already peaked at many oil producing countries.
Good thing we have access to all of Iraq’s reserves now.
All the undiscovered oil in the West of Iraq should keep us in oil for years to come.
And yes, most of my money is in oil stocks.
November 5th, 2010 at 11:02 am
oil extraction has peaked in the late 60… ( according to all serious studies ) Oil wells are drying out much faster than new ones.. And obviously crude oil is NOT a renewable commodity.
I believe that that we are in (soon) for a BIG change in our society.
November 5th, 2010 at 11:02 am
No.
Deposits have been found off the Falklands equal to Saudi Arabia’s, and better quality.
Oil is everywhere, if you want it badly enough, they haven’t started on Canada’s shale oil yet.
November 5th, 2010 at 11:02 am
Actually, they have been spouting peak oil for at least the past 30 years if not longer. Sooner or later we will face shortages but they are currently turning animal waste into oil to help post pone this peak oil.