[ExI] EP and Peak oil

[John Winters]

On Sun, Mar 30, 2008 at 12:44 PM, hkhenson <hkhenson at rogers.com> wrote:
> I ran into this recently.
>
>  http://www.drmillslmu.com/peakoil.htm
>
>  Even if you don't buy into peak oil and the consequences, it's an
>  interesting compilation.

It is irrelevant whether peak oil already happened, will happen soon,
or will happen in the distant future.  The supply-demand ratio is the
relevant factor.  As China and India take to the roads, oil prices
will sky rocket.  Already truck drivers are rumored to be planning a
strike:

http://www.snopes.com/politics/gasoline/strike.asp

Can you imagine what that will do to the economy?

JW